SLO County jobless rate drops to 7.4 percent
October 24, 2012
San Luis Obispo County is ranked fifth out of 58 California counties for lower numbers of unemployed workers, according to a report released Friday by the California Employment Development Department.
In California, Marin County is ranked number one with an unemployment rate of 5.8 percent and Imperial County comes in on the bottom with an unemployment rate of 28.5 percent.
The SLO County unemployment rate fell from 8.2 percent in August to 7.4 percent in September. During the same time, the region gained about 3,500 jobs.
Significant increases were seen in the government and education sectors with back to school having an impact.
The biggest decline was seen in the hospitality industry, which lost 100 jobs last month.
SLO County’s unemployment rate is lower than the national average of 7.6 percent and the state’s 9.7 percent rate, both which fell in September.