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OC Unemployment Falls to 3.9% in March

7,100 job increase led by leisure sector

Orange County’s unemployment rate fell to 3.9% in March, down from a revised 4.2% in February and above the 3.3% rate seen in March last year, according to the state’s Employment Development Department.

The state’s unemployment rate was 5.3% in March while the U.S.’s was 3.9%.

Nonfarm OC employment increased by 7,100 jobs from February to March when 1.7 million people were employed.

Six of the 11 industry sectors saw job increases.

Leading the job increase was the leisure and hospitality sector, up 4,500, led by arts, entertainment and recreation, up 2,900 jobs.

Four sectors reported declines, led by manufacturing, trade and financial activities, each down 400 jobs.

About 18 million people worked in California in March, an increase of 28,300 nonfarm payroll jobs from February and up about 217,700 jobs from a year earlier.

Seven of the 11 industry sectors added jobs month-over-month, led by private education and health services, up 13,600.

People receiving unemployment benefits rose by 20,370 to 446,130.

 

 

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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