San Luis Obispo County sees unemployment rate drop
May 19, 2024
By KAREN VELIE
Unemployment tumbled in San Luis Obispo County in April even though the region lost about 1,000 jobs during the past month, the state Employment Development Department reported Friday.
A 1,600 person reduction in the workforce drove the unemployment rate down to 3.5% in April, from 3.9% in March. In April. 2023, the jobless rate was 2.9%.
Over the past month, the largest employment increases were seen in the hospitality sector, which added 300 new jobs, related to dining establishments and accommodations.
San Luis Obispo County is ranked fourth out of 58 California counties for lower numbers of unemployed workers. SLO County’s unemployment rate matches the national average of 3.5% and is lower than the state’s 4.8% rate.
In California, San Mateo at 3.3% has the lowest unemployment rate and Imperial County comes in on the bottom with an unemployment rate of 15.7%.
The comments below represent the opinion of the writer and do not represent the views or policies of CalCoastNews.com. Please address the Policies, events and arguments, not the person. Constructive debate is good; mockery, taunting, and name calling is not. Comment Guidelines