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California  + Orange County  + Retail  | 

Orange County COVID-19 Jobs Picture Promising

California’s employment situation has shifted from high gear a few months back to a much cloudier picture, thanks to the impact from the coronavirus pandemic and stay-home orders. JLL researchers analyzed the Worker Adjustment and Retraining Notification (WARN) numbers in Orange County for March 16, 2020 to May 31, 2020, and the findings are interesting.

One of the key revelations is that 90% of layoffs are of a temporary basis, leaving open the possibility for employees to return to their jobs, while only 0.4% of layoffs are a result of permanent site closures. Layoffs from all industries peaked in mid-April while restaurant, life sciences (96% from dental device companies), leisure/entertainment, and manufacturing industries experienced the highest number of layoffs in May.

Across all commercial property types, retail occupiers by far have recorded the most layoffs and office occupiers have experienced the least, reports JLL. Excluding dental offices, office occupiers account for 9% of total layoffs.

More than half of all layoffs occurred at restaurants, travel, and retail storefronts. Restaurants saw 10,720 layoffs accounting for 19% of the layoffs, hospitality 10,442 layoffs accounting for 18%, and retail had 8,207 layoffs accounting for 14%. JLL reports that 95% of the restaurant and hospitality layoffs are temporary.

*Photo credit: Albert Campbell / Shutterstock.com

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Economy
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