April 2020 County Labor Market Information
Unemployment Rate for San Luis Obispo County increased in March 2020.
The San Luis Obispo County Monthly Employment Report (March 2020) shows a decrease in the civilian labor force, a decrease in civilian employment, and an increase in civilian unemployment.
The California Employment Development Department (EDD) reported the unemployment rate was 3.8% in March 2020, up from a revised 3.0% in February 2020. SLO County still holds the 7th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 5.6% and 4.5% for the nation during the same period.
Month-over Job Changes
The Government industry experienced the most gain, adding 400 jobs in March 2020. The Manufacturing, Professional & Business Services, and Financial Activities industries each gained 100 jobs.
The Information industry experienced no change.
The Leisure & Hospitality and Educational & Health Service industries experienced the most loss, losing 200 jobs each in the month of March. Other Services, Mining, Logging, & Construction and Trade, Transportation & Utilities each lost 100 jobs.
Total Farm experienced no change.
In March, San Luis Obispo County employers experienced no changes in the number of jobs overall.
Year-over Job Changes
Between March 2019 and March 2020, six industries experienced year-over gains.
Educational & Health Services and Government experienced the highest year-over growth, gaining 700 jobs each. Leisure & Hospitality and Professional & Business Services each gained 600 jobs. The Mining, Logging, & Construction industry had a year-over gain of 300 jobs. The Financial Activities industry gained 100 jobs.
The Other Services, Manufacturing, and Information industries experienced no year-over change.
Trade, Transportation & Utilities experienced a year-over loss of 300 jobs.
Total Farm had a year-over gain of 2,700 jobs.
Overall, employers in San Luis Obispo County have added 2,400 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/
Related Forms & Documents
This WIOA Title I financially assisted program or activity is an equal opportunity employer/program.
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