Over 13,000 Layoffs Hit Orange County

Orange County employers had layoffs well over 13,000 workers lost there jobs it hit Orange County hard. It was a 34 percent increase from 2008 to 2009. The numbers were based on an analysis of government filings, company announcements and independent reporting, it shows the depths of the recession.
The number of lost jobs was 13,565 but that number is based on companies of 50 or more employees. Many more jobs were lost but the statistics are too hard to get from companies of 50 or less. It does not include the number of people who are self employed and have no business.

It is not possible in our area to state that the recession is over. The only relief will come from private sector jobs. I keep stating there is not correction, the recession is not over, and we cannot get relief unless we create jobs.

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

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Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!