January 31, 1986 |
Orange County's unemployment rate fell one-tenth of a point to 3.5% in December and the county's total job count rose to 1,011,900, just 2,000 shy of the record high reached in June, 1985. But state officials are already projecting a sharp seasonal increase in joblessness for January. Holiday hiring for tourist attractions such as Disneyland and Knott's Berry Farm and retailers such as South Coast Plaza and Fashion Island helped improve the local employment picture last month.
December 1, 1987 |
Orange County's unemployment rate remained a low 3.3% in October, unchanged from September, according to figures released Monday by the federal Bureau of Labor Statistics. The county unemployment rate in October was well below the comparable U.S. rate of 5.7%. Analysts said the county's economy remains healthy. But a recent shift in the types of new jobs created in the county--with low-paying jobs now predominating--has some analysts worried.
May 5, 1990 |
The nation's economy created virtually no jobs at all in April and unemployment rose slightly to 5.4% in an unexpected signal of economic weakness, the Labor Department reported Friday. For the first time in several years, private payroll employment has declined for two consecutive months, pushed downward in part by weakness in construction and manufacturing. Even the service sector, the big job creator of the 1980s, showed signs of softness.
May 3, 1986 |
Surges in construction and service industries overrode continued bad times for oil and gas producers last month and helped edge the nation's overall unemployment rate for April down 0.1% to 7%, the Labor Department reported Friday. California's jobless rate dipped a notch, to 6.8% of the civilian labor force last month, down from 6.9% in March, the Bureau of Labor Statistics said. April was the fifth successive month in which the state's unemployment rate has bettered the national figure.
September 12, 1995
The Los Angeles-Long Beach customs district has more international trade than any other in the United jStates. Trade is expected to play an even bigger role in the next century in the economy of California, the gateway to the Pacific Rim. Enterprising Exporter Economists predict California will see dramatic export growth as it nears the 21st Century. An increase in cargo traveling through the combined ports of Long Beach and Los Angeles illustrates this expansion.
May 8, 2004 |
The U.S. economy posted a surprisingly strong gain of 288,000 jobs in April, providing convincing evidence that the recovery is finally producing results where it matters most to American workers. The nation's unemployment rate edged down to 5.6% last month from 5.7% in March, the Labor Department also reported Friday.