Preliminary December labor force data counts for San Francisco, Marin and San Mateo counties pegs the unemployment rates at 7.6%, 6.5% and 7.2% respectively, down 0.2 percentage points in San Francisco, down 0.4 in Marin, and down 0.3 in San Mateo.
On a revised basis, the number of unemployed in San Francisco fell by 1,000 in December (from 36,200 to 35,200) while the labor force contracted by 700 (from 464,000 to 463,300) and the number of employed increased by 200 (from 427,800 to 428,000).
Overall unadjusted California unemployment remained at 10.9% as the labor force fell by 13,100 workers while the ranks of the unemployed increased by 8,399.
Monthly Labor Force Data for Counties: December 2011 (Preliminary) [EDD]
San Francisco County Employment Up By 3,100 In November [SocketSite]

Comments from Plugged-In Readers

  1. Posted by lol

    Not as impressive as last month. Still very decent numbers though.
    As with RE, what matters most is the mix, i.e. what kind of jobs were lost and what kind of jobs were gained.

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