October 2019 Unemployment Rate

The unemployment rate in Ventura County was 3.3 percent in October 2019, up from a revised 3.2 percent in September 2019, and below the year-ago estimate of 3.7 percent. This compares with an unadjusted unemployment rate of 3.7 percent for California and 3.3 percent for the nation during the same period.

Source: labormarketinfo.edd.ca.gov

Key Sector Highlights

Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in food services and drinking places, social assistance, and financial activities. Within manufacturing, employment in motor vehicles and parts decreased due to strike activity. Federal government employment was down, reflecting a drop in the number of temporary jobs for the 2020 Census.

Source: Department of Labor

The Conference Board Help Wanted OnLine® (HWOL) Index: fell in October and now stands at 100.5 (July 2018=100), down from 103.5 in September. The Index declined 2.9 percent from the prior month and is down 1.4 percent from a year ago.

Source: Conference-Board.org

Recruitment Trends to Watch Out For in 2020.

Niovember 7, 2019 | Bethan Port, Recruiting Blogs

U.S. Department Of Labor Announces Funding Opportunity To Support Communities Impacted By The Opioid Crisis.

October 31, 2019 | News Release, US Department Of Labor

The State of the U.S. Labor Market: Pre-October 2019 Jobs Release.

October 31, 2019 | Cuong Nguyen, Galen Hendricks, and Michael Madowitz, Center for American Progress

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 .