March 2021 County Labor Market Information

Unemployment Rate for San Luis Obispo County decreased in March 2021.

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

 

Unemployment

The California Employment Development Department (EDD) reported the unemployment rate was 6.3% in February 2021, down from a revised 6.8% in January 2021. SLO County is ranked the 6th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 9.4% and 6.6% for the nation during the same period.

 

Month-over Job Changes

The Manufacturing industry experienced the most job gains this reporting period, adding 400 jobs during the month of February. The Educational & Health Services industry gained 300 jobs. The Professional & Business Service and Mining, Logging, and Construction industries experienced a gain of 200 jobs each. The Trade, Transportation & Utilities and the Other Services industries each gained 100 jobs.

The Information, Financial Activities, and Leisure & Hospitality industries experienced no change during the February reporting period.

The Government industry was the only industry that had job losses this period, losing 1,500 jobs in the month of February.

Total Farm experienced a gain of 800 jobs.

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

 

Year-over Job Changes

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

The Leisure & Hospitality industry continues with the highest year-over loss, losing of 6,400 jobs. The Government industry saw a year-over loss of 3,400 jobs. Educational & Health Services experienced a year-over loss of 2,000 jobs. Other Services lost 1,100 jobs. The year-over job loss in the Trade, Transportation & Utilities industry totaled 600. The Mining, Logging, & Construction industry experienced a loss of 500 jobs. The Professional & Business Services industry resulted in a year-over loss of 400 jobs. The Manufacturing and Financial Activities industries experienced a job loss of 300 jobs eachLastly, the Information industry experienced a year-over loss of 100 jobs.

Total Farm experienced a year-over loss of 200 jobs.

Overall, employers in San Luis Obispo County have lost 15,300 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

February-2021-UNEMPLOYMENT-REPORT

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