430K Bay Area Jobs Have Been Recovered, 220K Left to Go
Having slipped by (an upwardly revised) 2,400 in August, the number of people living in San Francisco with a paycheck increased by 6,300 in September to 535,700, dropping the unemployment…
Rents in San Francisco Tick up but Still Depressed
The weighted average asking rent for an apartment in San Francisco has ticked up 1.6 percent since the end of August to $3,425 per month. As such, while asking rents…
Expectations for a Rate Hike Have Accelerated
Having cited an ongoing public health crisis (i.e., the pandemic) that “will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to…
Bay Area Employment Slipped Last Month
Having jumped by (a downwardly revised) 11,600 in July, the number of people living in San Francisco with a paycheck (529,600) slipped by 2,200 in August. But with 3,700 people…
New Unemployment Claims Drop but Remain Historically High
The number of new unemployment claims filed across the Bay Area dropped to 126,835 in July, which was the fewest new claims in a month since the pandemic hit, down…
Rents in San Francisco Are Up 10 Percent
Despite some recent misreports to the contrary, apartment rents in San Francisco have not risen 18 percent since the start of the year. The weighted average asking rent for an…
Delta Variant Stalls the Recovery in San Francisco
To quote a new report from San Francisco’s Office of the Controller and Economic Analysis, “the emergence of the Delta variant has stalled aspects of the city’s economic recovery,” with…
Over 400K Bay Area Jobs Have Been Recovered, 248K Left to Go
Having increased by a downwardly revised 3,500 in June, the number of people living in San Francisco with a paycheck jumped by 12,200 in July to 532,400, representing the most…
San Francisco Rents Tick Up, Listing Activity Too
While the rebound in San Francisco apartment rents has slowed, the weighted average asking rent for an apartment in the city has ticked up around 1.5 percent ($50) over the…
COVID Hospitalizations in S.F. Surpass First Wave High [UPDATED]
While the Covid-19 case rate in San Francisco has dropped from a rolling average of over 270 new cases per day on August 2 to an average of 230 new…