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July 2016 Metrics

Overview:
  • In June 2016, the Orange County unemployment rate increased dramatically from the previous months’ reading of 3.6 percent to 4.4 percent. Statewide unemployment was 5.7 percent in June 2016, which is 1.0 percentage points higher than the previous month. The national unemployment was 5.1 percent in June 2016, an increase of 0.6 percentage points compared to the previous month. This makes Orange County’s unemployment rate 1.3 points below the state rate and 0.7 points below the national rate. The dramatic rise in unemployment rates across the county, state and nation can be largely attributable to the large increase in each respective labor force as young professionals finish their education and training programs and enter the workforce. These relatively high unemployment should subside in the next few months and return to previously low levels.
  • The total labor force participants in Orange County increased during June 2016 by 12,100 individuals to a total of 1.611 million participants. Year-overyear improvements have been modest, with 16,700 more total employed and only 300 less unemployed than in the previous June.
  • The California Employment Indicator Index decreased by 0.3 points from a revised reading of 110.3 in the first quarter of 2016 to 110.0 in the second quarter of 2016.
  • The largest industry employment gains between May 2016 and June 2016 occurred in Leisure and Hospitality (2,500 new hires), Manufacturing (1,500 new hires), and Professional and Business Services (1,500 new hires). The largest job losses over the month occurred in Government which lost 1,600 jobs and Construction which shed 1,100 between May and June 2016. Since June 2015, the greatest job gains stem from Construction with 12,500 new hires, Professional and Business Services with 11,500 new hires and Educational and Health Services with 8,300 new hires.
  • In 2012, California’s population growth relative to the year 2000 recovered from the growth rate dip in 2008. As of 2013, Orange County has now done the same. Orange
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Table of Contents (click to jump to a specific measure):



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Orange County, California and US Unemployment
Rates, 2008-2016

Three-Year Trend in Orange County, California  Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator measures the unemployment rate for Orange County, California and the United States over the since January 2007.

Source: Source: California Employment Development Department
http://www.labormarketinfo.edd.ca.gov/
http://www.calmis.ca.gov/file/lfmonth/oran$pds.pdf

http://www.bls.gov/news.release/empsit.nr0.htm


Orange County Labor Force and Unemployment Comparisons
California Employment Indicator Index: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

The full details of Orange County’s unemployment, employment, and labor force totals are detailed in the table below, showing changes since the previous month and since the previous year. The unemployment rate is singled out and compared to other counties and regions.

Source: Chapman University



California Employment Indicator Index
California Employment Indicator Index: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator measures Chapman University’s Employment Index Indicator Index. The California Index of Leading Employment Indicator is comprised of variables found to have a significant influence on California’s payroll employment growth. These variables include movements in the lagged values of real GDP, real exports, the S&P 500 and the state’s total construction spending. A weighted average of changes in these variables, based on their relative importance in explaining state employment growth, is used in constructing the index.

Source: Chapman University



Orange County Industry Trends by Month 2010 - 2016
Orange County Industry Trends by Month: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

The Orange County Industry Trends indicator measuring monthly changes for industries shows the more immediate and recent trends in industry employment for Orange County.

Source: California Employment Development Department
http://www.calmis.ca.gov/file/indhist/oran$hws.xls




Orange County Industry Employment Comparisons
Orange County Industry Trends by Month: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator breaks down Orange County’s employment by industry for the current month, comparing changes in employment levels since the previous month and the previous year.

Source: California Employment Development Department



California Employment Indicator Index and Payroll Employment
California Employment Indicator Index and Payroll Employment : Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator shows the Employment Indicator Index’s relationship with Payroll Employment year over year percentage change. Understanding how the Employment Indicator Index is related to year over year Payroll Employment change demonstrates how adjustments in the Employment Indicator Index predicts upcoming trends in Payroll Employment.

Source: Chapman University
http://www.chapman.edu/images/userImages/cwilliam/Page_4388/CAEmploymentIndicator_2010Q1.pdf




Orange County Annual Industry Trends 1990-2015
Orange County Industry Trends 1990-2009: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

The Orange County Industry Trends indicator measuring annual changes for industries shows the big-picture long-term trends in industry employment for Orange County.

Source: California Employment Development Department
http://www.calmis.ca.gov/file/indhist/oran$haw.xls




Orange County Population Trends
Orange County Population Trends: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator measures current population growth relative to times in the past for Orange County and California. Orange County has shown faster population growth than the State as a whole.

Source: US Census Bureau and California Department of Finance



Online Help-Wanted Ads Posted by Employers
Orange County Population Trends: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This measures the number of Help-Wanted advertisements posted online by Orange County employers as measure by the Employment Development Department.

Source: US Census Bureau and California Department of Finance



Temporary Employment: ASA Staffing Index

Orange County Population Trends: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

The ASA Staffing Index monitors weekly changes in temporary and contract employment for the United States. Surveys are modeled after the quarterly ASA Staffing Employment and Sales Survey, and give an indication of fluxuaitons in temporary employment since June 2006.

Source: American Staffing Association



Developed and Maintained in partnership with Orange County Business Council
The Orange County Workforce Investment Board is an equal opportunity entity. Auxiliary aids and services are available upon request to individuals with disabilities.
TDD line: (714) 834-7163