Orange County’s unemployment rate fell to 3.5% in May from a revised 3.7% in April, and was below 3.7% in May last year, according to the state’s Employment Development Department.
The state’s unemployment rate was 4.7% while the U.S.’s was 4.1%.
Nonfarm OC employment rose to 1.69 million, up 5,500 jobs.
NEWPORT BEACH — JH Real Estate Partners has acquired the 330,000-square-foot FIGat7th retail center from Brookfield Properties for $68.5 million, as the latter continues...
Mortgage lender and developer New American Funding has begun demolition of a vacant 84,000-square-foot office building in Tustin and plans to replace it with...