With no growth in the number of people living in San Francisco with a job last month (542,100), despite an increase in the labor force by 2,800 to 559,800, the unemployment rate in San Francisco ticked up from 2.7 to 3.2 percent in June.
And for the first time since 2009, employment in San Francisco dropped in the first half of the year, decreasing by 5,100 since the end of 2016.
At the same time, there are still 76,600 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 105,400 since January of 2010 and 2,900 more than at the same time last year. But the year-over-year gain has been trending down since mid-2015 and is at its lowest level in nearly eight years.
In Alameda County, which includes Oakland, employment slipped by 800 in June to 803,600 and is now running 7,300 lower than at the end of last year but still 3,400 higher on a year-over-year basis, which is the smallest year-over-year increase since early 2011, with an unemployment rate of 4.0 percent and 111,600 more employed residents since the beginning of 2010.
Employment across the greater East Bay slipped by 1,500 to 1,335,900 and the unemployment rate ticked up to 4.1 percent as the labor force increased by 8,200.
Up north, the unemployment rate in Marin County ticked up to 3.1 percent as employment slipped by 100 to 135,800.
And down in the valley, the unemployment rate in San Mateo County inched up to 2.9 percent as employment slipped by 100 to 435,800 while the unemployment rate in Santa Clara County inched up to 3.5 percent as employment slipped by 100 to 986,800 as well.