10 Years Ago Today . . .
. . . Orange County’s unemployment rate dipped to 3.7%, a fourth consecutive month of decline.
Analysts attributed the latest decrease to a change in the state’s accounting methods. But the county’s jobless figure was nevertheless well below the 6.6% rate for Los Angeles County, the statewide rate of 5.8% and the nation’s 6.7%.
Source: Times archives
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