SLO County jobless rate lowest since 2008
June 24, 2014
With 5 percent unemployment, San Luis Obispo County is now tied for sixth out of 58 California counties for lower numbers of unemployed workers, according to a report by the California Employment Development Department.
In California, Marin County is ranked number one with an unemployment rate of 3.8 percent and Imperial County comes in on the bottom with an unemployment rate of 21.1 percent. Countywide, Oceano has the highest unemployment at 9.6 percent and Shandon the lowest at 2.5 percent.
During the past year, significant increases were seen in the professional health and business services sector with an additional 800 positions.
The biggest decline was seen in retail positions, which lost 400 jobs over the past 12 months.
SLO County’s unemployment rate is lower than the national average of 6.1 percent and the state’s 7.1 percent rate.