February 2021 County Labor Market Information

Unemployment Rate for San Luis Obispo County remained unchanged in February 2021.

The San Luis Obispo County Monthly Employment Report (January 2021) shows an increase in the civilian labor force, an increase in civilian employment, and an increase in civilian unemployment.

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 6.7% in January 2021, unchanged from a revised 6.7% in December 2020. SLO County is ranked the 6th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 9.2% and 6.8% for the nation during the same period.

 

Month-over Job Changes

The Government industry experienced the only gains this reporting period, adding 3,200 jobs during the month of January.

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

The Leisure & Hospitality industry experienced the most job losses this reporting period, losing 1,000 jobs. The Trade, Transportation & Utilities industry lost 600 jobs and Manufacturing lost 500 jobs. Mining, Logging, and Construction experienced a loss of 400 jobs. The Educational & Health Services industry lost 200 jobs and the Professional & Business Service industry lost 100 jobs in the month of January.

Total Farm experienced a gain of 200 jobs.

In January, San Luis Obispo County employers experienced a gain of 600 jobs overall.

 

Year-over Job Changes

Between January 2020 and January 2021, all industries remained at a year-over loss.

The Leisure & Hospitality industry continues with the highest year-over loss, losing of 6,000 jobs. Educational & Health Services experienced a year-over loss of 2,000 jobs. Other Services lost 1,100 jobs. The Government industry saw a year-over loss of 1,000 jobs. The year-over job loss in the Trade, Transportation & Utilities industry totaled 800. The Manufacturing industry resulted in a loss of 700 jobs. The Mining, Logging, & Construction industry experienced a loss of 600 jobs. The Professional & Business Services and Financial Activities industries both experienced a job loss of 300 jobs each. Lastly, the Information industry experienced a year-over loss of 100 jobs.

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

Overall, employers in San Luis Obispo County have lost 13,200 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

January 2021-UNEMPLOYMENT-REPORT

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