Unemployment Rate for San Luis Obispo County decreased in August 2021.
The San Luis Obispo County Monthly Employment Report (August 2021) shows a decrease in the civilian labor force, a decrease in civilian employment, and a decrease in civilian unemployment.
The California Employment Development Department (EDD) reported the unemployment rate was 5.5% in August 2021, down from a revised 5.7% in July 2021. SLO County ranks 9th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 7.5% and 5.3% for the nation during the same period.
Month-over Job Changes
The Leisure & Hospitality industry experienced the most job gains this reporting period, adding 500 jobs. The Manufacturing industry also experienced a gain of 200 jobs in the month of August.
The Information, Financial Activities, Professional & Business Service, Educational & Health Services, and Other Services industries remained unchanged during the August reporting period.
The Government and industries each lost 100 jobs in August. The Trade, Transportation & Utilities industry lost 200 jobs. Mining, Logging, and Construction lost 100 jobs in this reporting period.
Total Farm lost 200 jobs this reporting period.
In the August reporting period, San Luis Obispo County employers experienced a loss of 700 jobs overall.
Year-over Job Changes
The Professional & Business Services industry experienced the largest year-over change gaining 800 jobs. Manufacturing followed close behind with a job gain 700. The Other Services industry had year-over gain of 600 jobs. The Trade, Transportation & Utilities industry gained 400 jobs over the past year and Leisure & Hospitality is up 200. The Information industry experienced a modest year-over gain of 100 jobs.
The Mining, Logging, and Construction industry experienced no year-over change during this reporting period.
The Government industry remains the industry with the highest year-over loss, losing 1,600 jobs, and the Financial Activities and Educational & Health Services industries were reported at a year-over loss of 100 jobs each.
Total Farm experienced a year-over gain of 400 jobs.
Overall, employers in San Luis Obispo County have gained 1,400 jobs in the past year.
This report is written by the San Luis Obispo County Workforce Development Board Staff.
Data Source: http://www.labormarketinfo.edd.ca.gov