County jobless rate was up a bit in January

jhickey@thetribunenews.comMarch 26, 2013 

San Luis Obispo County's jobless rate ticked up slightly to 7.5 percent in January 2013, according to state data released Friday.

However, January continued a 26-month trend of declining year-over-year unemployment. January’s rate was well below the January 2012 rate of 8.9 percent.

Because of seasonal work fluctuations -- which can be significant-- unemployment data are compared with the same month year over year.

The county's rate for January was also below the unemployment rates of 10.4 for California and 8.5 for the nation, according to data that are not seasonally adjusted.

In January 2013 -- the most recent month calculated -- the county labor force grew 5.5 percent year over year to 146,900, and the number of unemployed fell 10.6 percent year over year to 11,000. Also called the labor participation rate, the labor force includes everyone working, looking for work or receiving unemployment benefits in San Luis Obispo County.

County jobless rate went up a bit in January

Excluding the self-employed, San Luis Obispo County's companies or agencies had 8,200 more jobs in January than during the year-earlier month, up 8.1 percent.

Gains in professional and business services led job growth in the county in January, with 2,300 jobs added in that category alone.

Next was government, which added 2,200 jobs.

The state categorizes employment by place of work.

This year the numbers for January were late to be released by the California Employment Development Department, according to Emerson Figueroa, labor market consultant with California EDD. Every year the organization revises the year-earlier numbers, to create benchmarks, and this year that process took longer than expected.

 


 

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