Unemployment Rate for San Luis Obispo County decreased in April 2023.
The San Luis Obispo County Monthly Employment Report (April 2023) 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 3.0% in April 2023, which is lower than the rate reported in March 2023. SLO County ranks 5th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California is 4.3% and 3.1% in the nation during the same period.
Month-over Job Changes
The Trade, Transportation, and Utilities and Leisure and Hospitality industries experienced the most job growth in this reporting period, adding 300 jobs each. The Mining, Logging, and Construction industry had an increase of 200 jobs in April. The Professional and Business Services and Government industries each had an increase of 100 jobs during the reporting period.
The Information, Financial Activities, Private Education and Health Services, and Other Services industries all had no change during this reporting period.
The Manufacturing industry experienced a loss of 100 jobs in the month of April.
Total Farm lost 100 jobs during the same reporting period.
In the April reporting period, San Luis Obispo County employers experienced a gain of 800 jobs overall.
Year-over Job Changes
The Government industry experienced the largest year-over change, gaining 1,100 jobs. The Leisure and Hospitality industry gained 900 jobs over the past year. Trade, Transportation, and Utilities experienced a year-over gain of 600 jobs. The Private Education and Health Services industry gained 500 jobs since this time in 2022. The Manufacturing industry experienced a year-over gain of 200 jobs.
No year-over changes were reported in the Mining, Logging, and Construction and Information industries.
The Professional and Business Services and Other Services industries experienced the most job losses this past year, each losing 200 jobs. The Financial Activities industry experienced a year-over loss of 100 jobs during this reporting period.
Total Farm experienced a year-over gain of 500 jobs.
Overall, employers in San Luis Obispo County gained 3,300 jobs over 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