Having dropped by a downwardly revised 3,700 at the beginning of the year, the number of people living in the city of San Francisco with a job increased by 2,900 in February to a near record 557,000 and the unemployment rate dropped from 2.7 to 2.6 percent.
And as such, there are now 91,500 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 120,300 since January of 2010 and 7,300 more than at the same time last year, which is the smallest growth rate since 2013.
In Alameda County, which includes the City of Oakland, the estimated number of people living in the county with a paycheck increased by 5,900 to a record 825,600 in February – which is 14,300 more than at the same time last year and a gain of 132,800 since the beginning of 2010 – while the unemployment rate in the county dropped to 3.2 percent.
Across the greater East Bay, employment increased by 9,700 to a record 1,373,600 and the unemployment rate dropped from 3.4 to 3.3 percent.
Up in Marin, the number of employed residents ticked up by 600 to 138,300 last month, which puts the unemployment rate at 2.5 percent.
And down in the valley, having dropped by 2,700 in January, employment in San Mateo County rebounded by 2,300 in February to 444,100, which is 5,800 higher than at the same time last year with an unemployment rate of 2.4 percent, and the number of employed residents in Santa Clara County increased by 6,100 last month to a record 1,021,200, which is 24,400 more than at the same time last year with an unemployment rate of 2.9 percent.