September 2022
Unemployment Rate for San Luis Obispo County increased in August 2022.
The San Luis Obispo County Monthly Employment Report (August 2022) 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 2.7% in August 2022, up from a revised 2.5% in July 2022. SLO County continues to rank 5th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 4.1% and 3.8% in the nation during the same period.
Month-over Job Changes
The Leisure & Hospitality and the Educational & Health Services industries experienced the only job gains this reporting period, adding 100 jobs each.
The Mining, Logging, and Construction, the Manufacturing, the Trade, Transportation & Utilities, the Information, the Financial Activities, the Professional & Business Services, and the Other Services industries remained unchanged during the August reporting period.
The Government industry experienced the only job losses this reporting period, losing 900 jobs in August.
Total Farm experienced a loss of 300 jobs during this reporting period.
In the August reporting period, San Luis Obispo County employers experienced a loss of 1,000 jobs overall.
Year-over Job Changes
The Educational & Health Services industry experienced the largest year-over change, gaining 1,100 jobs. The Mining, Logging, and Construction, the Trade, Transportation & Utilities, and the Leisure & Hospitality industries gained 500 jobs each over the past year. The Professional & Business Services industry and Other Services industry experienced a year-over gain of 400 jobs each. The Manufacturing industry gained 200 jobs over the past year.
The Information and Financial Activities industries experienced no year-over change.
The Government industry experienced the only year-over job losses this reporting period, with 1,400 jobs less than reported in August 2021.
Total Farm experienced a year-over gain of 200 jobs.
Overall, employers in San Luis Obispo County gained 2,400 jobs over 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