SoCal Notes on the Computer Screen

Economic Notes on the Computer Screen

• According to the CA EDD, the jobless rate in Orange county dipped to 3.7% in November 2005. One month earlier it was 3.8% and one year prior the unemployment rate was 3.9%. A large portion of the almost 6,100 new jobs in November is due to holiday hiring. More telling of OC economic conditions is the county has produced almost 10,000 high paying professional and business service jobs over the last 12 months. OC continues to have the lowest jobless rate and creates more high paying jobs than other SoCal regions.
  

Local Real Estate Deals on the Computer Screen

• A 11-unit apartment complex at 1561 W. Pacific Coast Highway in Long Beach sold for $1.4 million or $127,272 per unit.

Business Notes on the Computer Screen

• Google in talks to purchase a $1 billion stake in AOL after negotiations with Microsoft were terminated. Its a 3 horse race for world WEB domination and the Big Three are taking no prisoners. Google. Yahoo. Microsoft. Which one will win the race? Maybe there is a long shot out there? A company
  that is off radar?