Orange County NC Website
EMPLOYMENT PROFILE <br /> Labor Farce Characteristics <br /> Between 1974 and 1984, Orange County's civilian labor forceons The <br /> c average i an industrial ial rate <br /> em employment 3.55% to a total <br /> growth rate grrew.at a higher rate of <br /> 4.96% per year during <br /> coo unty s r he same period. <br /> By 1987, the labor force had grown to 49,380. Of that total, 1400 <br /> persons were unemployed yielding an unemployment rate of 2.8%. male <br /> 51% .of the employed s alter force 49% <br /> rate female. <br /> 2..4�, while <br /> unemployment rate <br /> 3.0% of the female labor force was unemployed in 1985. was <br /> By contrast, in 1979, the total labor force of Orange County was <br /> composed of 39,660 persons. The unemployment rate for the year <br /> translating into an employed labor force of 38,440 P ersons. <br /> percent percent of the employed force were male and 42.5 p <br /> ned <br /> were female. The male unemployment rate 'wlas em l t rate was o fined wer than the <br /> unemployment rate at 3.0% and the female la <br /> at 3.2%. Table 2-15 further describes the labor force of Orange <br /> County by sex and minority status. <br /> TABLE 2-15 <br /> Unemployment Trends <br /> As to ent is a key indicator f experienced in economic <br /> health the <br /> noted earlier, employment unemployment exp <br /> health of thhe e County. The rate of unemploym <br /> County is a particularly useful measure of this economic health. <br /> 2.8%, Ong the lowest <br /> Orange County's current unemployment rate is 2. 10 td persons <br /> in the state. it corresponds to a total comparison,400 u �the statewide <br /> out of a workforce of 49,380.* In <br /> unemployment rate in 1987 was 5.7% and the national unadjusted rate <br /> 6.8$. It is clear from this comparison al vitality relative to its olocation <br /> experiencing economic health and <br /> and rapid population growth. <br /> Sectoral Analysis <br /> reveals the <br /> contribution of the each sector to the structure <br /> economy Land highlights sectoral <br /> contribution of ea stability County.trends influencing the ent structure of Orange County by sector is <br /> breakdown of the employment <br /> in Table 2-16. TABLE 2-16 <br /> ym <br /> SOURCE: N.C. Employment Securit y Commission, Labor Market Information <br /> Division, 1988. <br /> 4 <br />