SLO County employment spurred by tourism
November 19, 2012
The number of people employed in San Luis Obispo County has risen over the past year prompted heavily by the local tourism industry, according to a report released Friday by the California Employment Development Department.
County residents who make a living working in the hospitality industry went from 14,900 in Oct. 2011 to 15,800 in Oct. 2012. During the same period, the number of people employed in the county rose from 127.800 to 132,900 (numbers rounded by the state).
In 2012, the biggest decline in county jobs was seen in the manufacturing industry, which lost 400 jobs.
For the fourth straight month, the jobless rate in San Luis Obispo County has continued to fall increasing optimism of a prolonged economic recovery.
The county unemployment rate fell from 7.4 percent in September to 7.3 percent in October. The rate is below the national average of 7.5 percent and the state’s 9.8 percent rate.