October 2020 County Labor Market Information

Unemployment Rate for San Luis Obispo County decreased slightly in September 2020.

The San Luis Obispo County Monthly Employment Report (September 2020) shows an increase 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 7.2% in September 2020, down from a revised 7.6% in August 2020. SLO County remains the 10th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 10.8% and 7.7% for the nation during the same period.

 

Month-over Job Changes

The Government and Educational & Health Services industries experienced the most gains adding 600 jobs each during the month of September. Trade, Transportation & Utilities gained 300 jobs. Both the Other Services and Financial Activities industries had gains of 100 jobs each.

The Information and Manufacturing industries experienced no change in again the month of September.

The Leisure & Hospitality, Mining, Logging, and Construction and the Professional & Business Services industries all experienced losses, losing 100 jobs each in the month of September.

Total Farm experienced a gain of 100 jobs.

In September, San Luis Obispo County employers experienced a gain of 1,500 jobs overall.

 

Year-over Job Changes

Between September 2019 and September 2020, all industries except the Financial Activities industry experienced year-over losses.

The Financial Activities industry had a year-over gain of 200 jobs.

The Leisure & Hospitality industry experienced the highest year-over loss, losing 5,500 jobs. Government experienced a year-over loss of 2,000 jobs. The Manufacturing industry lost 1,700 jobs. The Mining, Logging, & Construction industry experienced a loss of 1,300 jobs. The Professional & Business Services industry experienced a year-over loss of 1,200 jobs. The Trade, Transportation & Utilities industry lost 1,100 jobs The Other Services industry lost 700 jobs. Educational & Health Services lost 300 jobs and the Information industry experienced a year-over loss of 100 jobs.

Total Farm experienced a year-over gain of 100 jobs.

Overall, employers in San Luis Obispo County have lost 13,600 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

Related Services

September-2020-UNEMPLOYMENT-REPORT

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