Orange County\u2019s unemployment rate is expected to be 4.3% next year, the same as the level in September, California State University, Fullerton economists Anil Puri and Mira Farka said in their 2027 Economic Forecast today.<\/p>\n
The economists said that workers with bachelor\u2019s and graduate degrees are most exposed to the disruptions caused by AI.<\/p>\n
\u201cFor a county with Orange County\u2019s highly educated workforce, that is a sobering finding,\u201d according to the report.<\/p>\n
Inflation as measured by the consumer price index is expected to slow to 2.8% next year from this year\u2019s anticipated 3.5% rise,<\/p>\n
The forecast also notes that Orange County \u201cis at the heart of the revival\u201d in Southern California\u2019s aerospace and defense industry, led in large part by Anduril Industries of Costa Mesa.<\/p>\n
Orange County has been leading the rest of Southern California in home price increases, according to Puri and Farka.<\/p>\n
\u201cSince 2023, median single-family prices have risen at an average annual rate of 4.6% in Orange County, against just 1.5% in Los Angeles County, 1.1% in Riverside County, 1.6% in San Bernardino County and 1.9% statewide.\u201d according to the report\u2019s authors from the Woods Center for Economic Analysis and Forecasting.<\/p>\n","protected":false},"excerpt":{"rendered":"Orange County\u2019s unemployment rate is expected to be 4.3% next year, the same as the level in September,…\n","protected":false},"author":2,"featured_media":504624,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[163,165,164,20299,12416],"class_list":["post-504623","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anaheim","tag-anaheim","tag-anaheim-headlines","tag-anaheim-news","tag-free","tag-free-stories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/504623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=504623"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/504623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/504624"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=504623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=504623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=504623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}