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San Luis Obispo County unemployment rises to 4.4%

March 14, 2025

By KAREN VELIE

The number of unemployed people in San Luis Obispo County and in California continued to rise in January, the state Employment Development Department reported Friday.

In SLO County, the number of unemployed residents rose from 5,100 to 5,800 from Dec. 2024 to Jan. 2025. SLO County’s unemployment rate rose to 4.4% in January, from 3.9% in Dec. 2024.

During January, job losses were seen in the leisure and hospitality sector which lost 500 jobs. During the past month, the real estate industry lost 100 jobs.

In the jobs gained category, the state government excluding education added an additional 1,100 people in January.

SLO County’s unemployment rate is equal to the national average of 4.4% and lower than the state’s 5.5% rate.

 


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I believe it is still the case that a 4.4% unemployment rate is considered full employment. Apologies to those who can’t find a job or consider themselves under employed. However, I think that if Trump continues this absurd trade war with our North American and European allies (more tariffs against China are welcome), this economy will dip into recession and many will lose their jobs.


The last time an administration presented such a radical agenda was in 1981 when Reagan came in, though Reagan was adamant against tariffs—what Trump is doing is anti-Reagan in many ways, other than giving tax breaks to the rich. By 82, the unemployment rate was at 10.8%. So buckle up folks, and save your pennies.


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Yes but the data can be deceiving .People paid in cash go undetected.


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