While the upwardly revised December count of the number of people living in San Francisco with a job ended up adding 1,300 to the employment roll, the January count eliminated 6,900, which is the largest monthly drop in San Francisco employment since January 2009.
That being said, there are still 74,800 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 103,600 since January of 2010 and 7,200 more than at the same time last year, but the year-over-year gains have been trending down since the fourth quarter of 2014.
And with the labor force in San Francisco having shrunk by 5,200 people in January, the unemployment rate in the city has inched up from 2.9 to 3.2 percent.
In Alameda County, which includes Oakland, employment dropped by 7,200 in January following an upward revision in December (for its largest drop since January of 2009 as well) but remains 12,500 higher than at the same time last year, with an unemployment rate of 4.1 percent and 111,700 more employed residents since January of 2010.
Employment across the greater East Bay slipped by 12,200 in January and the unemployment rate inched up to 4.2 percent.
Up north, employment in Marin County slipped by 1,100 to 135,900 and the unemployment rate inched up to 3.2 percent.
And down in the valley, employment in San Mateo County dropped by 5,600 to 433,900 and the unemployment rate inched up to 2.9 percent while employment in Santa Clara County dropped by 9,400 to 987,100 and its unemployment rate inched up from 3.3 to 3.7 percent.