The number of people living in San Francisco with a job inched up by 600 in August to a record 548,500.
But with the labor force having grown by 1,000 to 568,300, and the number of unemployed residents having increased to 19,700 (which is the highest tally in a year), the unemployment rate ticked up from 3.4 to 3.5 percent (which is the highest in a year as well).
There are now 83,000 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 111,800 since January of 2010 and 3,200 more than at the same time last year.
But the year-over-year gain in San Francisco employment has been trending down since mid-2015. And last month’s gain of 3,200 is roughly a fourth of the year-over-year gain registered at the same time last year (13,400) and versus a year-over-year gain of 22,900 in August of 2015.
In Alameda County, which includes Oakland, employment slipped by 1,500 to 808,200 in August but remains 4,500 higher on a year-over-year basis with 116,200 more employed people living in the county since the beginning of 2010 while the unemployment rate ticked up from 4.3 to 4.4 percent.
Employment slipped by 2,300 to 1,343,800 across the greater East Bay while the unemployment rate held at 4.4 percent.
Up north, the unemployment rate in Marin County held at 3.4 percent as an 800 person increase in the labor force was matched with 700 person increase in employment to 137,900 overall.
And down in the valley, while the unemployment rate in San Mateo County ticked up from 3.1 to 3.2 percent, the number of employed residents increased by 500 to a record 440,500 while employment in Santa Clara County increased by 1,500 to 992,900 and the unemployment rate held at 3.8 percent.