May 2024 County Labor Market Information
Unemployment Rate for San Luis Obispo County saw a decrease in April 2024
The San Luis Obispo County Monthly Employment Report (April 2024) 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 3.5% in April 2024, which is a decrease from the revised March 2024 rate. SLO County ranks as the 4th lowest Unemployment Rate in the state. The unadjusted Unemployment Rate in California was 4.8% and 3.5% in the nation during the same period.
Month-over Job Changes
The Leisure and Hospitality industry experienced the most job growth in this reporting period, adding 300 jobs.
The Private Education and Health Services industry added 200 jobs during the month of April.
The Government and Professional and Business Services industries each added 100 jobs during the same reporting period.
The Trade, Transportation, and Utilities, Information, Mining, Logging, and Construction, Manufacturing, Other Services and Financial Activities industries all saw no changes in job loss or growth during the month of April.
Total Farm saw no job losses during the month of April.
During the same reporting period, San Luis Obispo County gained a total of 700 jobs.
Year-over Job Changes
The Leisure and Hospitality industry experienced the largest year-over change, adding 800 jobs. The Professional and Business Services industry experienced a year-over gain of 600 jobs. The Private Education and Health Services and Trade, Transportation, and Utilities industries each experienced an increase of 200 jobs over the past year.
The Financial Activities industry has had no job losses or gains this past year.
The Government industry lost 1,300 jobs this past year. The Other Services industry experienced a loss of 200 jobs since this same reporting period in 2023. The Information, Manufacturing, and Mining, Logging, and Construction industries each reported losing 100 jobs.
Total Farm did not gain or lose any jobs since last year at this time.
San Luis Obispo County employers also did not gain or lose any jobs since the same reporting period in 2023.
This report is written by the San Luis Obispo County Workforce Development Board Staff.
Data Source: http://www.labormarketinfo.edd.ca.gov
