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In 1970, thirty percent of the employed population commuted to work <br />outside Orange County. Although many large firms have opened new plants <br />or relocated to Orange County, the number of outward commuters still <br />remains high, especially from the cities closest to Los Angeles County. <br /> <br /> The unemployment rate is expected to hold close to the 7.0 percent <br />level for the remainder of 1975. The actual jobless total will generally be <br />below the June count which was inflated with new graduates and summer job <br />seekers. Resident employment is expected to expand by 17, 100 workers or <br />2.5 percent over the six-month forecast period, bringing the total civilian <br />labor force to a new high of 735. 600. <br /> <br /> Job opportunities in Orange County are expected to continue to rise at <br />an annual rate in excess of 6.0 percent through the end of 1974. l~actory <br />payrolls will increase by several thousand by the end of 1975, with the largest <br />number of accessions expected in the machinery and electronics industries. <br />Layoffs are anticipated, however, in ordnance and in boat and trailer building. <br />Many firms forecast continuing layoffs until orders pick up. The first quarter <br />is generally the weakest time of the year in the job market, as post-holiday <br />layoffs in retail trade and the winter slowdown in construction inflate the <br />jobless rolls. These factors coupled with a continuing loss of factory jobs <br />will boost unemployment to even higher levels during the first half of 1975, <br />but the Orange County unemployment rate is expected to remain v~ll below the <br />rate for California. <br /> <br /> Recent changes in employment estin~ating procedures shed some light <br />on the magnitude of the number of workers living in Orange County and com- <br />muting to Los Angeles County for employment. Under the old methodology, <br />it was reported that there were 574,000 workers in Orange County, by <br />estimating the number of jobs. However, revised estimates reported a <br />figure of 646, 800 by a count of the number of workers by place of residence. <br />This comparison indicates that Orange County has considerably more workers <br />than it has jobs and that the major portion of the difference in the two esti- <br />mates is accounted for by workers who live in Orange, hut are actually <br />employed in neighboring Los Angeles County. <br /> <br /> Some of the major firms which are relocating from Los Angeles County <br />to Orange County are expressing concern over the lack of lower-priced <br />(U. nder $33,,,000.) housing in Orange County, especially near the location of <br />the ir new sites. <br /> <br /> Employment, by phce of residence, increased from 591, 000 in 1972 to <br />627,000 in 1973. On July 31, 1974, the number of residents employed was <br />estimated to be 650, 300. <br /> <br />O000,%v; <br /> <br /> <br />