January 2021 County Labor Market Information

Unemployment Rate for San Luis Obispo County increased in December 2020.

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

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 6.7% in December 2020, up from a revised 5.5% in November 2020. SLO County is ranked the 7th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 8.8% and 6.5% for the nation during the same period.

 

Month-over Job Changes

The Trade, Transportation & Utilities industry experienced the only gains this reporting period, adding 300 jobs during the month of December.

The Manufacturing, Information, Financial Activities, Professional & Business Services, and Government industries experienced no change during the December reporting period.

The Educational & Health Services industry experienced the most job losses, losing 400 jobs. The Mining, Logging, and Construction, Leisure & Hospitality, and Other Services industries each lost 100 jobs in the month of December.

Total Farm experienced a loss of 400 jobs.

In December, San Luis Obispo County employers experienced a loss of 800 jobs overall.

 

Year-over Job Changes

Between December 2019 and December 2020, all industries remained at a year-over deficit.

The Leisure & Hospitality industry continues with the highest year-over loss, at a deficit of 5,300 jobs. Educational & Health Services experienced a year-over loss of 1,900 jobs. The Government industry saw a year-over loss of 1,700 jobs. The Manufacturing industry resulted in a loss of 1,200 jobs. Professional & Business Services experienced a job loss of 1,100. The year-over job loss in the Trade, Transportation & Utilities industry totaled 1,000. The Mining, Logging, & Construction industry experienced a loss of 800 jobs. Other Services lost 700 jobs. Information industry lost 300 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 13,800 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

December 2020-UNEMPLOYMENT-REPORT

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