While the unemployment rate in San Francisco declined in July, the number of San Francisco residents that filed a new/initial unemployment claim last month actually ticked up 5.3 percent to 25,354, reversing a two month run in which the number of new claims had either dropped or held.
And having inched up 2 percent in June, the number of new unemployment claims filed across the Bay Area ticked up another 5.2 percent in July to 214,701, for a total of nearly 1.4 million new/initial claims having been filed since March, including a total of over 317,000 claims by residents of Santa Clara County and 313,000 across the County of Alameda.