Tag: UNEMPLOYMENT RATE
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China’s Finance and Property Sectors Experience Notable Workforce Declines
China’s finance and real estate sectors have experienced substantial workforce reductions in the past five years. The financial industry saw a 32% decrease to 12.4 million employees, while real estate developers’ workforce fell 27% to 2.7 million by the end of 2023, according to recent census data. Recent data from China’s economic census, released on…
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Orange County’s Majors Report 6.5% Job Growth Despite National Trends
Orange County’s largest companies are experiencing a 6.5% increase in employment despite national job losses. Disneyland Resort and UC Irvine lead with significant workforce growth. However, companies like Kaiser Permanente and Rivian see reductions. Amidst national concerns regarding job losses, Orange County’s largest companies are reporting substantial employment growth. Leading the charge is Disneyland Resort,…