Unemployment Rate for San Luis Obispo County increases in March
The San Luis Obispo County Monthly Employment Report (March 2019) shows a decrease in the civilian labor force, an decrease in civilian employment, and an increase in civilian unemployment.
The California Employment Development Department (EDD) reported the unemployment rate was 3.3% in March 2019, up from a revised 3.2% in February 2019. SLO County has the 6th lowest Unemployment Rate in California. The unadjusted Unemployment Rate in California is 4.6% and 3.9% for the nation during the same period.
Month-over Job Changes
Government experienced the most gains adding 300 jobs during the month of March 2019. Leisure & Hospitality and Mining, Logging, and Construction both experienced a gain of 200 jobs each. Financial Activities, Professional & Business Service and Manufacturing each had a gain of 100 jobs.
The Information and Other Services industries experienced no change.
Both Educational & Health Services and Trade, Transportation & Utilities had a loss 200 jobs each.
Total Farm experienced no change.
Overall, employers in San Luis Obispo County gained 600 jobs in the past month.
Year-over Job Changes
Between March 2018 and March 2019, six industries experienced year-over gains.
Manufacturing experienced the most year-over job growth with 600 jobs. Leisure & Hospitality added 500 jobs each. Educational & Health Services and Professional & Business Services added 200 jobs and Financial Activities and Other Services added 100 jobs each.
Information experienced no change.
Government had a year-over loss of 400 jobs. Trade, Transportation & Utilities had a year over loss of 200 jobs and Mining, Logging, & Construction had a year-over loss of 100 jobs .
Total Farm had a year over gain of 400 jobs.
Overall, employers in San Luis Obispo County have added 1,400 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/
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