February 2020 Unemployment Rate
The unemployment rate in Ventura County was 3.7 percent in February 2020, down from a revised 3.9 percent in January 2020, and below the year-ago estimate of 3.9 percent. This compares with an unadjusted unemployment rate of 4.3 percent for California and 3.8 percent for the nation during the same period.
Key Sector Highlights
Total nonfarm payroll employment rose by 273,000 in February, after an increase of the same magnitude in January. In 2019, job growth averaged 178,000 per month. In February, notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities.
Conference Board - Help Wanted Online Data
The Conference Board Help Wanted OnLine® (HWOL) Index was unchanged in February and remains at 101.4 (July 2018=100). The Index declined 1.0 percent (from December to January) and is down 4.9 percent from a year ago.

Despite being on a slightly downward trend over the past year, the HWOL Index is still hovering at high levels. However, the COVID-19 outbreak will likely cause the number of online job ads to decline in the coming months.
Relevant News
Bringing People & Opportunities Together
Job Outlook is brought to you by the Workforce Development Board of Ventura County (WDB). The Workforce Development Board administers federal funds that help to support America's Job Center of California SM locations and other free adult, youth, and employer programs and services in Ventura County. For more information, call 805-204-5186 or visit www.workforceventuracounty.org .
Workforce Development Board, 2901 N. Ventura Road, Oxnard, CA 93036