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Wednesday, Feb 28, 2024
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OC Unemployment Rate Falls to 3.0% in April

Biggest increases in health services, hotels, restaurants

Orange County’s unemployment rate fell to 3.0% in April, down from 3.4% in March and above the 2.9% seen in April last year, according to the state’s Employment Development Department.

The state’s unemployment rate was 4.3% in April while the U.S.’s was 3.1%.

Nonfarm OC employment rose by 15,200 jobs from March to April when 1.71 million were employed.

The county has surpassed the February 2020 pre-pandemic employment level of 1.68 million jobs.

Eight of the 11 industry sectors saw job gains.

Leading the job increase was private education and health services, which added 4,300 jobs, 91% of which was an increase in health care and social assistance, 3,900 jobs.

Leisure and hospitality added 3,800 jobs, some 2,700 of which were in accommodations and food services.

Two industry sectors — trade and government — each declined by 100 jobs.

 

 

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Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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