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  • 2018 December - Santa Barbara County Labor Market Info

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    March 09, 2018
    Labor Market Report January 2018

    Yesterday, the State of California Labor Market Information Division (LMID) released its Monthly Press Release on Unemployment and Industry Sector job growth/decline in Santa Barbara County.

    The unemployment rate for January was 4.9%, up from a revised 4.3% in December, and below the year-ago rate of 6.2%. This compares with an unadjusted unemployment rate of 4.6% for California and 4.5% for the nation during January 2018.

    HIGHLIGHTS
    UNEMPLOYMENT RATE* Up .6% in December 2017: 4.9%
    LABOR FORCE Decreased by 1,900
    EMPLOYMENT Decreased by 3,200
    UNEMPLOYMENT Increased by 1,300
    LARGEST GAIN (Sector)** None of the industries had any gains
    LARGEST DECLINE (Sector)** Government: 1,200 jobs

    *Note: This Unemployment Rate does not capture the “non-participation” numbers of people who have stopped looking for work. This non-participation rate is not measured for Santa Barbara County—but is for the nation, and in most recent data it adds one percentage point to the unemployment rate. **Indicates change since the December 2017

    For more information please go to: http://www.labormarketinfo.ca.gov/file/lfmonth/satb$pds.pdf for the State Report on Santa Barbara County’s unemployment figures. 

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