Despite the monthly gains, Orange County lost 55,800 nonfarm positions over the year, falling 3.8 percent from September 2008. Trade, transportation and utilities reported the largest decline, with 16,900 positions eliminated. Nearly half of that occurred in the retail trade sector, which lost 8,700 jobs.
Photo courtesy of Fotolia
Construction also posted a large decline of 10,500. Reductions occurred throughout the industry, according to the report, but 82 percent of them were in specialty trade contractors.
Educational and health services saw the largest increase, adding 1,600 jobs.
Statewide, the unadjusted unemployment rate is 12.2 percent. It is 9.8 percent in the U.S. << PREVIOUS PAGE
So the next time the county / state wants to complain about budget short falls, they should review these statistics. Adding weight to a sinking ship is just plain stupid.
Comment at 10/16/2009
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