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OC Unemployment Inches up to 3.8% in November

Professional services leads decline; retail jobs up most

Orange County’s unemployment rate inched up to 3.8% in November from a revised 3.7% in October and above the 3.0% rate seen in November last year, according to the state’s Employment Development Department.

The state’s unemployment rate was 4.9% in November while the U.S.’s was 3.5%.

Nonfarm OC employment gained 1,000 jobs from October to November when 1.74 million were employed.

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

Six of the 11 industry sectors saw job increases.

Leading the job increase was the trade, transportation and utilities sector, which added 4,400 jobs, led by the retail sector. Three other sectors reporting increases included construction, up 1,600, private education and health services, up 900, government, up 800.

Professional and business services lost the most jobs, 3,800. Other sectors with job declines included leisure and hospitality, down 1,600, manufacturing, 900, and financial activities, off 400.

About 18.2 million worked in California in November, an increase of 9,300 nonfarm payroll jobs from October and up about 268,600 jobs from a year earlier.

Six of the 11 industry sectors added jobs month-over-month, led by private education and health services, 10,500.

The professional and business services sector saw the biggest decline, 11,100 jobs.

People receiving unemployment benefits fell by 32,693 to 323,975.

 

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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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