Orange County Doing Slightly Better in Unemployment Rates

unemployment

But you know, it’s all relative.

According to this chart from the Register, we lag slightly behind both the United States and California unemployment rates.

But 8.6% is nothing to brag about, either. There is of course no number on those that have fallen of the unemployment rolls or those that are under-employed.

It’s weird because I know we are in a recession, or possibly a depression, but I still see plenty of people in restaurants, driving new luxury cars, and shopping malls aren’t exactly ghost towns.

I always wonder if people are still spending money they don’t really have, or if they can truly afford all of the things they buy and consume. There is no doubt in my mind that people here still feel as if they have to have all their material things to feel successful.

Are the latest numbers a harbinger of things to come? Or have we left the worst behind?

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