Having increased by 5,700 in May, the number of people living in San Francisco with a paycheck increased by 4,700 in June to 521,400, representing the most employed residents in San Francisco since the pandemic hit and 33,100 more employed residents in the city than there were at the same time last year.
That being said, there are still 49,400 fewer employed people in San Francisco than there were prior to the pandemic and the labor force is down by 32,400, for an unemployment rate of 5.5 percent, which has inched up from 5.1 percent in May and is still roughly twice the pre-pandemic unemployment rate.
At the same time, the number of employed East Bay residents slipped by 1,400 last month to 1,436,800, which is 105,100 more employed residents than at the same time last year but still 122,700 fewer employed people than prior to the pandemic with 67,700 fewer people in the labor force and an unemployment rate of 6.8 percent.
Employment in both San Mateo and Santa Clara inched up last month, by 3,800 and 500 respectively. As such, there 75,400 more people employed in the Valley (1,372,900) than there were at the same time last year but 109,500 fewer than there were prior to the pandemic, with 79,500 fewer people in the labor force (1,446,000) and an unemployment rate of 5.1 percent.
Total employment across Marin, Napa and Sonoma increased by 3,800 last month to 424,200 and is 30,200 higher than at the same time last year. But there are still 33,300 fewer employed North Bay residents than there were prior to the pandemic with 23,800 fewer people in the combined labor force (448,700) and the average unemployment rate just inched up to 5.5 percent.
And having inched up by 11,400 last month to 3,755,300, a total of 300,800 jobs have been recovered across the Bay Area since the pandemic hit, but there are still 318,200 fewer employed residents than there were prior to the pandemic and the labor force is down by 219,400, yielding an unemployment rate of 5.8 percent, which is up from 5.3 percent in May and 2.8 percent in June of 2019.
