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Orange County February Unemployment: 4.2%

Unchanged from January; up from 3.4% year ago

Orange County’s unemployment rate was 4.2% in February, unchanged from a revised 4.2% in January and up from 3.4% a year ago, according to the state’s Employment Development Department.

It’s the highest unemployment level in two years.

The state’s unemployment rate was 5.6% in February while the U.S.’s was 4.2%.

Nonfarm OC employment increased by 10,400 jobs from January to February when 1.69 million were employed.

Six of the 11 industry sectors saw job increases.

Leading the job increase was the professional and business services sector, up 3,400 jobs, led by the administrative and support and waste management and remediation services, with 1,900 jobs that provided the majority.

Private education and health services added 3,300 jobs while government was up 2,500 jobs.

Trade, transportation and utilities decreased the most, 1,300, led by retail trade drop of 1,700 jobs.

About 18 million worked in California in February, a decline of 3,400 jobs from January and up about , an increase of 58,100 nonfarm payroll jobs from December and up about 179,700 jobs from a year earlier.

The biggest decline was in construction, which fell 9,600 jobs. Four of the 11 industry sectors added jobs month-over-month, led by private education and health services, up 15,400.

People receiving unemployment benefits rose by 33,219 to 425,760.

 

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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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