While the unemployment rate in San Francisco jumped from 2.9 percent in May to 3.5 percent in June, there are actually 400 more people living in the city with a job. But with school year seasonally in play, the labor force increased by 4,000 and drove the unemployment rate up.
And there are still 67,700 more people living in San Francisco with paychecks than there were at the end of 2000 and 7,100 more over the past year, an increase of 96,500 since January 2010.
That being said, the number of people now living in San Francisco with a job (533,200) has dropped by 3,200 since the end of 2015, versus gaining 5,600 from the end of 2014 to the same time last year.
The unemployment rate in Alameda County, which includes Oakland, jumped in June as well, to 4.7 percent from 3.8 percent in May, primarily driven by a seasonal increase in the labor force which was up by 6,900. But employment in Alameda also dropped by 800 in June.
That being said, the number of people living in Alameda County with a job remains 4,900 higher over the past year, and has increased by 99,700 since January 2010, but the growth rate has been slipping since the beginning of the year.
The unemployment rates to the north (Marin) and south (San Mateo) both ticked up 0.7 percent in June, to 3.5 and 3.3 percent respectively.