Unemployment Rate for San Luis Obispo County Increases in July

The San Luis Obispo County Monthly Employment Report (July 2019) shows a decrease in the civilian labor force, a decrease in civilian employment, and an increase in civilian unemployment.

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 3.2% in July 2019, up from a revised 3% in June 2019. SLO County has the 7th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 4.4% and 4% for the nation during the same period.

 

Month-over Job Changes

The Mining, Logging, and Construction and Trade, Transportation & Utilities industries both had gains of 100 jobs each.

The Leisure & Hospitality, Information, Manufacturing and Financial Activities industries experienced no change.

Government experienced the most loss, losing 2,600 jobs. Other Services had a loss of 300 jobs. The Educational & Health Services industry had a loss of 200 jobs and Professional & Business Services lost 100 jobs.

Total Farm experienced no change.

Overall, employers in San Luis Obispo County lost 3,000 jobs in the past month.

 

Year-over Job Changes

Between July 2018 and July 2019, six industries experienced year-over gains.

Educational & Health Services experience the highest year-over growth gaining 1,500 jobs. Government and Leisure & Hospitality gained 700 jobs each. Professional & Business Services added 300 jobs. Manufacturing added 200 jobs and Other Services added 100 jobs.

Financial Activities and Information experienced no change.

Mining, Logging, & Construction experienced the most year-over loss losing 400 jobs. Trade, Transportation & Utilities had a year-over loss of 300 jobs.

Total Farm had a year over gain of 200 jobs.

Overall, employers in San Luis Obispo County have added 3,000 jobs in the past year.

This report is written by the San Luis Obispo County Workforce Development Board. For more labor market information, visit SLOworkforce.com

Data Source: http://www.labormarketinfo.edd.ca.gov/