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OC Unemployment Remains 4.1% in October

11,400 job increase led by health, private education

Orange County’s unemployment rate remained unchanged at 4.1% in October, the same as a revised 4.1% in September and above the 3.9% rate seen in October last year, according to the state’s Employment Development Department.

The state’s unemployment rate rose to 5.4% in October from 5.3% in September and 5.1% in October last year. The U.S.’s was 3.9%.

Nonfarm OC employment increased by 11,400 jobs from September to October when 1.72 million were employed.

Eight of the 11 industry sectors saw job increases.

Leading the job increase was the private education and health services, up 3,000. Government expanded by 2,900 jobs. Other large increases occurred in trade, transportation and utilities, up 2,700 jobs and professional and business services, up 1,700 jobs.

About 18.1 million worked in California in October, a decline of 5,500 nonfarm jobs from September and up about 212,100 jobs from a year earlier.

Five of the 11 industry sectors added jobs month-over-month, led by private education and health services, up 9,400.

People receiving unemployment benefits fell by 15,832 to 343,588.

 

 

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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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