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Article: Orange County, Calif., jobless rate steady at 3.5 percent in May.
- Article from:
- Orange County Register (Santa Ana, CA)
- Article date:
- June 16, 2007
CopyrightCOPYRIGHT 2007 The Orange County Register. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Andrew Galvin
Jun. 16--Orange County's unemployment rate remained stable at 3.5 percent in May, the same as April, but slightly higher than the year ago rate of 3.2 percent in May 2006, the state's Employment Development Department said Friday.
Over the past 12 months, county employers added 12,100 jobs, for growth of 0.8 percent, EDD said. That's slower than the 2 percent growth reported for calendar-year 2006.
In May, the construction industry in Orange County added 2,000 jobs, while leisure and hospitality also grew by 2,000. Financial activities was the only major industry group to post a drop in May, with a loss of 200 jobs.
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