February 2020 County Labor Market Information
Unemployment Rate for San Luis Obispo County increased in January 2020.
The San Luis Obispo County Monthly Employment Report (January 2020) shows an increase in the civilian labor force, an increase in civilian employment, as well as an increase in civilian unemployment.
The California Employment Development Department (EDD) reported the unemployment rate was 3.1% in January 2020, up from a revised 2.5% in December 2019. SLO County still holds the 7th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 4.3% and 4% for the nation during the same period.
Month-over Job Changes
The Government industry experienced the most gain, adding 1,800 jobs in January 2020. The Other Services industry added 100 jobs.
The Information industry experienced no change.
The Trade, Transportation & Utilities industry experienced the largest loss in January 2020, with a loss of 500 jobs. Leisure & Hospitality lost 400 jobs. The Mining, Logging, & Construction and Educational & Health Service industries each lost 200 jobs. The Manufacturing, Professional & Business Services, and Financial Activities industries each had a loss of 100 jobs.
Total Farm experienced a gain of 200 jobs.
Overall, employers in San Luis Obispo County gained 500 jobs in the month of January.
Year-over Job Changes
Between January 2019 and January 2020, eight industries experienced year-over gains.
Educational & Health Services and Leisure & Hospitality experienced the highest year-over growth, gaining 800 jobs each. Professional & Business Services was close behind, gaining 700 jobs. The Mining, Logging, & Construction industry had a year-over gain of 400 jobs. The Other Services industry gained 200 jobs. Manufacturing, Information and Government industries each added 100 jobs.
The Financial Activities industry experienced no change.
Trade, Transportation & Utilities experienced a year-over loss of 100 jobs.
Total Farm had a year-over loss of 100 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 Staff.
Data Source: http://www.labormarketinfo.edd.ca.gov/
Related Forms & Documents
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