December 2020 County Labor Market Information

Unemployment Rate for San Luis Obispo County decreased again in November 2020.

The San Luis Obispo County Monthly Employment Report (November 2020) shows a decrease in the civilian labor force, a decrease in civilian employment, and a decrease in civilian unemployment.

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 5.4% in November 2020, down from a revised 5.9% in October 2020. SLO County is ranked the 7th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 7.9% and 6.4% for the nation during the same period.

 

Month-over Job Changes

The Trade, Transportation & Utilities industry experienced the most gains adding 300 jobs during the month of November. The Mining, Logging, and Construction, Manufacturing, Professional & Business Services, Educational & Health Services, Leisure & Hospitality, and Government industries each gained 100 jobs.

The Information, Financial Activities, and Other Services industries experienced no change during the November reporting period.

There were no job losses in SLO County in the month of November.

Total Farm experienced a loss of 600 jobs.

In November, San Luis Obispo County employers experienced a gain of 300 jobs overall.

 

Year-over Job Changes

Between November 2019 and November 2020, all industries experienced year-over losses.

The Leisure & Hospitality industry experienced the highest year-over loss, losing 5,100 jobs. Government experienced a year-over loss of 3,700 jobs. The Manufacturing, Trade, Transportation & Utilities, Professional & Business Services, and Educational & Health Services industries each were at a year-over deficit of 1,100 jobs. The Mining, Logging, & Construction industry experienced a loss of 900 jobs. Other Services lost 700 jobs. Information industry lost 200 jobs and the Financial Activities industry experienced a year-over loss of 100 jobs.

Total Farm experienced a year-over gain of 300 jobs.

Overall, employers in San Luis Obispo County have lost 14,700 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 Services

November-2020-UNEMPLOYMENT-REPORT

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