Articles Recently Tagged: Employment

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Bay Area Employment Drops, Labor Force Down 123K

Bay Area Employment Drops, Labor Force Down 123K

As we outlined last month, while the unemployment rate in San Francisco dropped in November, the number of people living in San Francisco with a paycheck (i.e., employment) was actually on the decline, as was the case across the Bay Area as well. And in fact, the number of... Read More »

A Misleading Drop in the Bay Area Unemployment Rate

A Misleading Drop in the Bay Area Unemployment Rate

Despite the unemployment rate in San Francisco having declined from 6.7 percent in October to 5.7 percent in November, the number of people living in San Francisco with a paycheck actually dropped by 6,600 last month to 534,100, which is 44,000 fewer employed residents than at the same time... Read More »

Bay Area Re-Employment Jumps, Labor Force Rebounds

Bay Area Re-Employment Jumps, Labor Force Rebounds

Having sputtered in September, the number of people living in San Francisco with a paycheck jumped by 25,400 last month, driving the unemployment rate, which had been averaging around 2 percent prior to the pandemic but jumped to 12.6 percent in April, back down to 6.9 percent. That being... Read More »

Bay Area Employment Rebound Sputters

Bay Area Employment Rebound Sputters

Having dropped by over 90,000 from March through May, yielding an unemployment rate of 12.7 percent, the number of people living in San Francisco with a paycheck rebounded by 33,000 from June through August, driving the unemployment rate, which had been averaging around 2 percent prior to the pandemic,... Read More »

Bay Area Employment Still Down by 400K, Labor Force Dropping

Bay Area Employment Still Down by 400K, Labor Force Dropping

While the estimated number of people living in San Francisco with a paycheck increased by 5,900 in August to 515,900, the labor force shrank by 7,800 to 565,700 for an unemployment rate of 8.8 percent (versus 9.4 percent at the height of the Great Recession). As such, while employment... Read More »

Bay Area Employment up by 63K in July, Down 440K YOY

Bay Area Employment up by 63K in July, Down 440K YOY

While the number of San Francisco residents with a job increased by 12,400 last month, there are still 66,900 fewer employed people in the city (511,200) than there were prior to the pandemic (578,100) and 62,400 fewer than at the same time last year (573,600) with an unemployment rate... Read More »

114,000 Bay Area Residents Returned to Work Last Month, But…

114,000 Bay Area Residents Returned to Work Last Month, But…

While an estimated 16,000 San Francisco residents were either newly hired or returned to work last month, for a total of 499,100 employed, there are still 74,800 fewer employed people in the city than there were prior to the pandemic and 66,300 fewer than at the same time last... Read More »

Bay Area Unemployment Rate Drops with Labor Force Decline

Bay Area Unemployment Rate Drops with Labor Force Decline

Based on employment data through the second week of May, the estimated number of San Francisco residents with a paycheck has dropped by over 92,000 over the past three months to 481,500, while the labor force has shrunk by over 36,000 to 550,900, for an unemployment rate of 12.6... Read More »

Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks

Bay Area Unemployment Hits 13 Percent, Labor Force Shrinks

Based on employment data through the second week of April, at which point the ongoing impact of the COVID-19 pandemic was still picking up steam, the estimated number of San Francisco residents with a paycheck has dropped by nearly 92,000 over the past two months to 482,100 and the... Read More »

Bay Area Employment Dropped by at Least 77,000 Last Month

Bay Area Employment Dropped by at Least 77,000 Last Month

Based on employment data through the second week of March, which predates the bulk of the ongoing economic impact caused by COVID-19, the estimated number of people living in San Francisco with a paycheck has already dropped by at least 13,100 to 560,800, representing at least 5,400 fewer employed... Read More »