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Articles Recently Tagged: Employment

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Bay Area Employment Inches Up, Unemployment Rate as Well

Bay Area Employment Inches Up, Unemployment Rate as Well

Having dropped by 5,400 at the beginning of the year, the net number of people living in San Francisco with a job has since ticked back up by 3,500 to just over 564,000, with an unemployment rate of 3.0 percent, based on updated data from the State. With the... Read More »

Home Buying Activity in the U.S. Drops

Having briefly rebounded last week, purchase mortgage application volume for existing homes in the U.S. has since dropped 9 percent in the absolute and 10 percent on a seasonally adjusted basis, according to application data from the Mortgage Bankers Association. As such, purchase mortgage activity was 36 percent lower... Read More »

Home Buying Activity Rebounds, Only Down 31 Percent YOY

With the average rate for a benchmark 30-year mortgage having ticked down to a 2-month low, the volume of applications to secure a purchase mortgage loan for a home in the U.S. ticked up 6 percent last week, rebounding from an atypical drop the week before, according to data... Read More »

Bay Area Employment Drops, Trending Back Down

Bay Area Employment Drops, Trending Back Down

Having ended 2022 nearing its pre-pandemic peak, the net number of people living in San Francisco with a paycheck dropped by 5,400 in January to 560,600 as the impact of tech layoffs and new unemployment claims started to be realized, based on updated data from the State. That being... Read More »

2022 Ended with Bay Area Employment Nearing Previous Peak

2022 Ended with Bay Area Employment Nearing Previous Peak

Having atypically dropped in October and November, the net number of people living in San Francisco with a paycheck increased by 5,900 in December to 566,700, ending 2022 with 23,000 more employed residents in the city there were at the end of 2021 and 88,000 more employed people than... Read More »

Bay Area Employment Atypically Drops, Trending Down

Bay Area Employment Atypically Drops, Trending Down

While the number of people living in San Francisco with a paycheck typically ticks up in both October and November, driven by seasonal hiring for the holidays, net employment actually dropped for the second month in a row last month, decreasing by 3,700 to 560,700 in November, with 2,900... Read More »

Bay Area Employment Slips

Bay Area Employment Slips

While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in October with seasonal hiring for the holidays, net employment actually slipped by 700 last month to 564,300. But with 700 people having left the local labor force as well,... Read More »

Bay Area Employment Holds, Inches Down in San Francisco

Bay Area Employment Holds, Inches Down in San Francisco

While the number of people living in San Francisco with a paycheck typically ticks up by a few thousand in September, net employment inched down by 600 last month to 565,200. But with 2,000 people having left the local labor force, the unemployment rate inched down from 2.3 to... Read More »

Bay Area Employment Inches Up, Slips in San Francisco

Bay Area Employment Inches Up, Slips in San Francisco

Having jumped in July, the net number of people living in San Francisco with a paycheck increased slipped by 800 in August to 563,900. As such, while there are now 40,500 more employed residents in the city than there were at the same time last year and 85,200 more... Read More »

Bay Area Employment Nearly Back to Its Pre-Pandemic Count

Bay Area Employment Nearly Back to Its Pre-Pandemic Count

Having slipped in June, the net number of people living in San Francisco with a paycheck increased by 9,800 in July to 564,200.  As such, there are not only 42,300 more employed residents in San Francisco than there were at the same time last year but 85,500 more employed... Read More »