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SLO Jobless Rate Falls Again

The unemployment rate in the San Luis Obispo County was 7.3 percent in October 2012, down from a revised 7.4 percent in September 2012, and below the year-ago estimate of 8.9 percent. This compares with an unadjusted unemployment rate of 9.8 percent for California and 7.5 percent for the nation during the same period.

A closer look at the numbers show the number of people looking for work has grown with the labor force up by more than 3000 year over year and  2000 in the past month.Year over farm jobs are down 300 while non-farm jobs are up 2300.

Year over year the number of jobs in construction are up 11.5%,up 6% in the hospitality business and up near 19% in state education.

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