Orange County has steadily regained jobs since the onset of the pandemic. The latest employment report from JLL shows that the market unemployment rate has fallen to 4.1%, as of November 2021. Unemployment is down .6% from October, when the unemployment rate was recorded at 4.7%, and 2.5% from November of last year, when unemployment in the market was 6.6%.
Trade transportation and utilities are leading the job gains. The employment sector gained 4,500 jobs, representing 47% of the total monthly increase in nonfarm employment, according to the report. It is the largest increase of any employment sector.
Office using jobs are also driving a significant employment growth in Orange County, gaining 6,300 jobs. Orange County gained 9,500 jobs month-over-month in November, and it has gained 93,900 jobs since the start of the pandemic.
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