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$1- Thi- Nilo -nt Trends
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<br /> 1; As noted earlier aPloyment is a key indicator of the economic health of
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<br /> the-Countir.: The rate Of_ m_er,40-4)MmIt‘ experioncedin the County is a -, -
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<br /> particularly useful measure•of thiseconomic health
<br /> f- Orange County's unemployment rate has stabilized at 3.6% throughout the
<br /> v., current year (1981). It is the lowest unemployment rate by County in the
<br /> entire state. It corresponds to a total of 1440 unemployed persons out
<br /> of a workforce of 40,540 persons.' In comparison, the statewide unemploy-
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<br /> ment rate in March 1981 was 6.9% and the national unadjusted rate was 7.7%.
<br /> It is clear from this comparison that Orange County is experiencing econo-
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<br /> f:. mic health and vitality relative to its location and rapid population
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<br /> t,,,, growth.
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<br /> 1 'SOURCE: N.C. Employment Securities Commission.
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<br /> Sectoral Analysis
<br /> Analysis of the employment structure of the County reveals the contribution
<br /> of each sector to the economy and highlights sectoral trends influencing
<br /> the economic stability of the County. The breakdown of the employment
<br /> structure of Orange County by sector is presented in Table 2-71 .
<br /> ° TABLE 2-71
<br /> ORANGE COUNTY EMPLOYMENT BY SECTOR: 1970 AND 1979
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<br /> . 1970 1979
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<br /> CIVILIAN LABOR FORCE 27,500 39,660
<br /> EMPLOYMENT TOTAL 26,540 38,44o
<br /> AGRICULTURAL EMPLOYMENT 1,190 850
<br /> MANUFACTURING 1,190 3,570
<br /> TEXTILES 610 880
<br /> LUMBER/WOOD 120 200
<br /> PRINTING 140 280
<br /> OTHER 320 2,210
<br /> NON4MANUFACTUR1NG 16,070 29,040
<br /> CONSTRUCTION 660 820
<br /> TRANSPORTATION, COMMUNICATIONS,
<br /> PUBLIC UTILITIES 140 730
<br /> TRADE 2,580 5,070
<br /> FINANCE, INSURANCE, REAL ESTATE 750 1,640
<br /> SERVICE, MISC, 1,380 2,990
<br /> GOVERNMENT 10,560 17,790
<br /> Between 1970 and 1979, total employment in Orange County rose by 69%, from
<br /> 27,500 persons in 1970 to 39,660 persons in 1979. In both years, Non-agri-
<br /> cultural Wage and Salary Employment accounted for the largest percentage
<br /> of employed persons in the County.
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