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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


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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