San Luis Obispo County unemployment rate hits record low

May 20, 2018

Unemployment tumbled to an all time low in San Luis Obispo County in April as the region gained about 1,400 new jobs during the past month, the state Employment Development Department reported Friday. [Cal Coast Times]

With more jobs available fewer people are looking for work, driving the unemployment rate down to 2.6 percent in April, from 2.9 percent in March. In Oct. 1999, the jobless rate was 2.7 percent, the former record.

Over the past month, significant increases were seen in the leisure and hospitality services sector which added 500 new jobs.

San Luis Obispo County is ranked sixth out of 58 California counties for lower numbers of unemployed workers. SLO County’s unemployment rate is lower than the national average of 3.7 percent and the state’s 3.8 percent rate.

In California, San Mateo County is ranked number one with an unemployment rate of 2 percent and Colusa County comes in on the bottom with an unemployment rate of 15 percent.







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kayaknut

Easy to lower your number when you stop counting those who have given up looking and don’t count those who don’t work but should. Just like when they say violent crime is lower because they reclassified what is now considered a “violent” crime.

CentralcoastRN

You aren’t technically unemployed when you work part time because no place is hiring full time. You are still working and legislators still get credit. Makes it hard to pay the bills if you make $900 a month and your rent is $2000. And before people start clicking thumbs down because “back in my day I just went to the factory” or “back in my day I just worked 3 jobs”, just know that employers don’t care about the worker. Employer 1 won’t give you enough hours, but they also won’t work around the hours of employer 2.

I’m a republican who believes in fiscal responsibility and hates whiny excuses. I am also reasonable and see that you can’t really pick yourself up by your boot straps when you can’t get the leverage to stand.

Things have changed. It’s scary how close the average person can be to bankruptcy, financial devastation, and homelessness.

copperhead

I guess they don’t count the bums.

Robert1

I do believe the city council counts as being employed!