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Agenda Packet_2025-05-20
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Agenda Packet_2025-05-20
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5/14/2025 2:15:33 PM
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Agenda Packet
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City Council
Date
5/20/2025
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Orange RPU PY 2025-2028 Regional Plan <br />13 | Page <br /> <br />to grapple with rising labor costs and evolving consumer dining preferences.31Meanwhile, <br />health care and social assistance report a moderate unemployment rate of 10%, while <br />educational services stand at 3%, reflecting trends consistent with national averages. <br />Despite steady demand, these sectors face workforce shortages and mismatches <br />between labor supply and market needs. Professional, scientific, and technical services, <br />a critical driver of the regional economy, maintains relative stability with an unemployment <br />rate of 5%, lower than the national average of 8%.32 <br /> <br /> <br />Occupational Unemployment <br /> <br />As of October 2024, Orange County recorded 65,727 unemployed individuals, with <br />unemployment rates varying significantly across occupational sectors33. The disparities <br /> <br />31 Lightcast. Unemployment by Industry Sector. <br />32 Lightcast. Unemployment by Industry Sector. <br />33 Lightcast. Unemployment by Occupation Sector. January 2025.https://analyst.lightcast.io/ <br />Data Source: Lightcast <br />EXHIBIT 1 <br /> <br /> <br />City Council 8 – 20 5/20/2025
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