SLO County unemployment rises with government lay offs
August 19, 2011
San Luis Obispo County lost 5,600 jobs in July increasing the unemployment rate from 9.9 percent in June to 10.5 percent in July, according to a report released Friday by the California Employment Development Department.
Much of last month’s bump in unemployment can be attributed to government jobs disappearing, as 5,100 public sector positions were slashed in July.
Despite San Luis Obispo County’s poor economic performance, its July unemployment rate ranked ahead of most California counties. With statewide unemployment at 12.4 percent, San Luis Obispo County posted the tenth lowest rate among California counties.
Health care continues to be the only industry showing consistent growth in the county. Sierra Vista Regional Medical Center, one of the largest private sector employers in the county, posted the most job ads among employers in July.
Likewise, the most new positions, according to job ads, were for registered nurses.
Nationally, unemployment increased slightly from 9.2 percent in June to 9.3 percent.