EMPLOYMENT
Untitled Page
O.C. gains jobs in October, continued ...
Between October and the same month last year, the numbers are a bit more grim. The region lost 52,000 jobs in the period. It's a 3.5 percent decline, according to the EDD.
The largest drop occurred in the trade, transportation and utilities industry, which eliminated 12,600 positions, 67 percent of which took place in the retail trade sector.
Construction was next, with 12,400 jobs lost, and the majority of that occurring in specialty trade contractors.
Educational and health services was the only major industry to add jobs over the year, according to the EDD. A total of 1,700 were added.
Statewide, the unemployment rate is 12.3 percent, up from a revised 12 percent in September. The U.S. unemployment rate remained unchanged at 9.5 percent.
<< PREVIOUS PAGE
Related headlines
Everest College plans to open Santa Ana campus
Costa Mesa's El Pollo Loco reports tough third quarter
OCTA shuttles in bus service reductions
Real estate market affected by short sales
Readers Feedback:
I find it ironic, that most major U.S.corp., layoff tens of thousands of employees to build "cheaper" products overseas. Then they bring these "cheap" products back here, to sell to the same employees whom they just laid off. I guess the CEOs don't realize that THEY just destroyed their own customer base. If the Americans don't buy, then the whole world economy collapses. Even their corp. stockholders suffer too,assuming, they live here in the U.S. On a visit this week to China, the pres. of China, said to President Oboma. he doesn't want to hear about "protectionism" in the US. I say, why not? Let's get the economy moving.
"If it ain't made here, it ain't sold here".
Comment at 11/20/2009
O.C. gains jobs in October, continued ...
Between October and the same month last year, the numbers are a bit more grim. The region lost 52,000 jobs in the period. It's a 3.5 percent decline, according to the EDD.The largest drop occurred in the trade, transportation and utilities industry, which eliminated 12,600 positions, 67 percent of which took place in the retail trade sector.
Construction was next, with 12,400 jobs lost, and the majority of that occurring in specialty trade contractors.
Educational and health services was the only major industry to add jobs over the year, according to the EDD. A total of 1,700 were added.
Statewide, the unemployment rate is 12.3 percent, up from a revised 12 percent in September. The U.S. unemployment rate remained unchanged at 9.5 percent.
<< PREVIOUS PAGE
Related headlines
Everest College plans to open Santa Ana campus
Costa Mesa's El Pollo Loco reports tough third quarter
OCTA shuttles in bus service reductions
Real estate market affected by short sales
Readers Feedback:
I find it ironic, that most major U.S.corp., layoff tens of thousands of employees to build "cheaper" products overseas. Then they bring these "cheap" products back here, to sell to the same employees whom they just laid off. I guess the CEOs don't realize that THEY just destroyed their own customer base. If the Americans don't buy, then the whole world economy collapses. Even their corp. stockholders suffer too,assuming, they live here in the U.S. On a visit this week to China, the pres. of China, said to President Oboma. he doesn't want to hear about "protectionism" in the US. I say, why not? Let's get the economy moving.
"If it ain't made here, it ain't sold here".
| Comment at 11/20/2009 |
