November 2019 County Labor Market Information
Unemployment Rate for San Luis Obispo County remains unchanged in October
The San Luis Obispo County Monthly Employment Report (October 2019) shows an increase in the civilian labor force, an increase in civilian employment, and a slight increase in civilian unemployment, however not enough to change the unemployment rate.
The California Employment Development Department (EDD) reported the unemployment rate was 2.4% in October 2019, unchanged from a revised 2.4% in September 2019. SLO County continues to hold the 7th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 3.7% and 3.3% for the nation during the same period.
Month-over Job Changes
Government experienced the most gain, adding 1,600 jobs in October 2019. Educational & Health Services had a gain of 1,300 jobs. The Mining, Logging, & Construction, Trade, Transportation & Utilities and Professional & Business Service industries each had a gain of 200 jobs. The Leisure & Hospitality and Other Services industry gained 100 jobs each.
The Financial Activities and Manufacturing industries experienced no change.
Information was the only industry to experience a loss in October 2019, losing 100 jobs.
Total Farm experienced a loss of 100 jobs.
Overall, employers in San Luis Obispo County gained 3,500 jobs in the past month.
Year-over Job Changes
Between September 2018 and September 2019, six industries experienced year-over gains.
Educational & Health Services experience the highest year-over growth gaining 1,100 jobs. Government gained 900 jobs. Leisure & Hospitality added 800 jobs. Professional & Business Services gained 500 jobs. Manufacturing and Other Services each added 100 jobs.
The Financial Activities industry experienced no change.
Trade, Transportation & Utilities experienced the most year-over loss losing 600 jobs. Mining, Logging, & Construction had a year-over loss of 300 jobs and Information lost 100 jobs.
Total Farm had a year over gain of 100 jobs.
Overall, employers in San Luis Obispo County have added 2,600 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/
This WIOA Title I financially assisted program or activity is an equal opportunity employer/program.
Auxiliary aids and services are available upon request to individuals with disabilities. California Relay Service 711 or 1-800-735-2922 (English) 1-800-855-3000 (Spanish).
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