Unemployment Rate for San Luis Obispo County decreased in May 2022.
The San Luis Obispo County Monthly Employment Report (May 2022) shows an increase in the civilian labor force, an increase in civilian employment, and a decrease in civilian unemployment.
The California Employment Development Department (EDD) reported the unemployment rate was 2.1% in May 2022, down from a revised 2.4% in April 2022. SLO County ranks 5th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California and in the nation is 3.4% during the same period.
Month-over Job Changes
The Government industry experienced the most job gains this reporting period, adding 1,000 jobs. The Leisure & Hospitality and the Mining, Logging, and Construction industries each experienced a gain of 300 jobs. The Manufacturing and the Trade, Transportation & Utilities industries gained 100 jobs each.
The Information, Financial Activities, Professional & Business Services, and Other Services industries remained unchanged during the May reporting period.
The Educational & Health Services industry experienced the only job losses this reporting period, losing 100 jobs in May.
Total Farm experienced a gain of 400 jobs during this reporting period.
In the May reporting period, San Luis Obispo County employers experienced a gain of 2,100 jobs overall.
Year-over Job Changes
The Leisure & Hospitality industry experienced the largest year-over change, gaining 1,300 jobs. The Mining, Logging, and Construction and the Professional & Business Services each had a year-over gain of 800 jobs. The Educational & Health Services and the Other Services industries had a year-over gain of 700 jobs each. In the past year, the Manufacturing and the Trade, Transportation & Utilities industries experienced a gain of 400 jobs. The Information and the Financial Activities industries each gained 100 jobs over the past year.
The Government industry experienced no year-over change.
Total Farm experienced a year-over gain of 100 jobs.
Overall, employers in San Luis Obispo County have gained 5,400 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