OC's unemployment rate is comparatively low.
Orange County enjoys a diverse economy, with economic output and employment well-distributed among sectors:
• After shrinking from mid-2009 to early-2010, Orange County’s total civilian labor force has mostly remained above 1.6 million throughout the remainder of 2010, similar to the size of the labor pool from 2006 through mid-2009.
• Non-farm industry accounts for 99.8% of the total labor force.
• As of December 2010, the largest labor markets included Trade, Transportation and Utilities (18%), Professional and
Business Services (18%), and Leisure and Hospitality (13%).
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Small businesses flourish in Orange County’s entrepreneurial climate:
• In 2009, fewer Orange County residents worked in large firms of 500+ employees (15%) than the statewide average (21%).
• Larger firms witnessed the most significant employment losses between 2004 and 2009 (-33% among firms with 500+
employees).
• At the same time, small firms with fewer than 20 employees only witnessed a 2% decline in employment.
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Orange County’s unemployment rate remains below state and national averages:
• Unemployment in the last half of 2010 improved slightly from earlier in the year, finishing at 8.9% in December 2010 (not
seasonally adjusted).
• While this rate is historically quite high for Orange County, it remains below the state average for December 2010 (12.5%)
and on par with the national average (9.1%).
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Λεπτομέρειες πλοηγού
(Βοήθεια)
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Los Angeles County is better than Orange County »Los Angeles County is better than Orange County
Los Angeles County is better than Orange County »Los Angeles County is better than Orange County
Value »Value
Wealth is a measure of a county's value. »Wealth is a measure of a county's value.
Orange County's Unemployment rate relatively low. »Orange County's Unemployment rate relatively low.
OC's unemployment rate is comparatively low.
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