JOBS SOLIDIFY THE HOUSING TREND

You may have seen in the paper or a blog that the job numbers were a disappointment in early May for Wall Street.  But not the same for Orange County.  Unemployment actually ticked higher as people re-entered the job market for the first time in months.  Local employers added 13,100 to their payrolls in March, up from 7,900 in February.  But it's also the type of jobs.  These jobs are manufacturing, engineering, high tech, real estate (specifically loan processors, underwriters, etc), and health care, to mention a few.  According to Esmael Adibi, an economist at Chapman University, "It's a very good report in terms of jobs, and the job rate is accelerating.