SLO County Labor Market Report September 2018

Unemployment Rate for  San Luis Obispo County decreases in September

The San Luis Obispo County Monthly Employment Report (September 2018) 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 2.7% in September 2018, down from a revised 3.0% in August 2018. SLO County continues to have the 7th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 3.9% and 3.6% for the nation during the same period.

Month-over Job Changes

Five industries reported job gains adding 3,100 jobs to the economy during the month of September 2018. This included Government adding 2,200 jobs. Other Services and Educational & Heath Services each added 300 jobs. Manufacturing added 200 jobs and the Trade, Transportation & Utilities industry added 100 jobs.

The Professional & Business Services industry and Financial Activities industry experienced no change.

Leisure & Hospitality experienced a loss of 400 jobs. Information and Mining, Logging, and Construction each experienced a total job loss of 100 jobs.

Total Farm experienced a gain of 100 jobs.

Overall, employers in San Luis Obispo County gained 2,600 jobs in the past month.

Year-over Job Changes

Between September 2017 and September 2018, six industries experienced year-over gains. Leisure & Hospitality experienced the most year-over job growth with 700 jobs.  Educational & Health Services added 600 jobs. Mining, Logging, and Construction and Manufacturing each added 300 jobs. Financial Activities and Government each added 100 jobs.

Other Services and Information experienced no change.

Professional & Business Services had a year-over loss of 300 jobs. Trade, Transportation & Utilities had a year-over loss of 200 jobs.

Total Farm lost 200 jobs.

Overall, employers in San Luis Obispo County have added 1,600 jobs in the past year.

This report is written by the San Luis Obispo County Workforce Development Board. For more labor market information, visit SLOworkforce.com/LMI

Data Source: http://www.labormarketinfo.edd.ca.gov/

 

Comments are closed.

X
X