San Luis Obispo County’s unemployment rate fails to show lost jobs

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In the past two months, there are 600 fewer people employed in San Luis Obispo County. At the same time, unemployment numbers have dropped because of a declining workforce, the state Employment Development Department announced Friday.

Prior to the pandemic, in Jan. 2020, there were 141,300 people in the SLO County workforce with 136,900 employed, according to the state. By Aug. 2024, those numbers had dropped to 135,700 people in the workforce and 129,700 employed, resulting in a 4.4% unemployment rate.

In Sept. 2024, the unemployment rate fell to 4% even though 500 fewer people were employed in SLO County. The state reported there were 134,600 people in the county workforce and 129,200 employed…

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