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Item 09 - Biennial Modification to the PY 2021-24 Regional and Local Workforce Plan
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Item 09 - Biennial Modification to the PY 2021-24 Regional and Local Workforce Plan
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8/10/2023 1:57:52 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
9
Date
5/2/2023
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Orange RPU 2023 Biennial Modification to PY 2021-24 Regional Plan <br /> <br />11 <br /> <br /> <br />The leisure and hospitality industry has rebounded, recovering all jobs lost during the <br />pandemic. However, subsector unemployment in retail trade (11%) remains high. <br />Construction (14%) and manufacturing (13%) are other Orange County industries with <br />high unemployment rates above the national average. <br /> <br /> <br />The pandemic-induced recession caused a loss of 267,400 nonfarm jobs between <br />February and April 2020 in Orange County. The employment loss between March and <br />April of 2020 alone was 225,800, the largest ever recorded in a single month. All industry <br />sectors experienced declines between February and April, but leisure and hospitality <br />(down 102,800) accounted for 38 percent of the total nonfarm job loss during this period18. <br />Most of the decline was between March and April, with a loss of 90,300 jobs. Seventy- <br />seven percent of the drop occurred in accommodation and food services (down 70,300 <br />jobs), led by decreases in food services and drinking places (down 59,800 jobs). Other <br /> <br />18 Labor Market Information, EDD, 2023, Orange County monthly industry employment <br />EXHIBIT 1
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