Articles Recently Tagged: Employment In San Francisco

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San Francisco’s Hub 2.0

San Francisco’s Hub 2.0

Over a century ago, the intersection of Market, Valencia, Haight and Gough in San Francisco was dubbed “The Hub.” At the time, four main streetcar lines converged at the intersection, transporting residents from outlying neighborhoods to jobs and shopping downtown. And through the 1950s, the moniker was synonymous with... Read More »

Unemployment Rate Holds at 3.3% in SF, 4.3% in the East Bay

Unemployment Rate Holds at 3.3% in SF, 4.3% in the East Bay

The unemployment rate in San Francisco has held at 3.3 percent for the third month in a row. But based on a revised benchmark and accounting, the number of people living in San Francisco with a job ticked up by 1,300 in February to 535,000, which is the second-highest... Read More »

Employment in San Francisco Slips Again as Alameda Gains

Employment in San Francisco Slips Again as Alameda Gains

For the third month in a row, the number of people living in San Francisco with a job has slipped, dropping by 1,200 in January to 533,400. But a dip in the first month of the year is to be expected as seasonal employees are shed. And with the... Read More »

Employment in San Francisco Slips Again While East Bay Gains

Employment in San Francisco Slips Again While East Bay Gains

For the second month in a row, the number of people living in San Francisco with a job slipped. And while it was a nominal drop of a hundred, from 534,700 to 534,600, it was the first December without a gain since 2009 and versus an average December increase... Read More »

Square Trading within Pennies of IPO Price, Twitter near All-Time Low

Square is currently trading at $9.16 per share, which is 16 cents (2 percent) above the deeply discounted price at which it went public and $3.91 (30 percent) below the $13.07 per share price at which it closed its first day of trading with underwriter support in place for... Read More »

San Francisco and East Bay Employment Slip

San Francisco and East Bay Employment Slip

The number of people living in San Francisco with a job dropped by 1,600 in November to 534,800, the first November without a gain since 2012. But with the labor force having dropped by 2,100 as well, the unemployment rate in the city remained at 3.4 percent for the... Read More »

San Francisco and East Bay Employment, and Unemployment, Gain

San Francisco and East Bay Employment, and Unemployment, Gain

The number of people living in San Francisco with a job ticked up by 1,600 from September to October and now totals 536,200. But with the labor force having increased by 3,100, and the number of unemployed residents having ticked up by 1,500 as well, the unemployment rate in... Read More »

San Francisco Employment Slips, East Bay Gains

San Francisco Employment Slips, East Bay Gains

The number of people living in San Francisco with a job slipped by 700 from August to September and now totals a revised 535,700 with an unemployment rate of 3.2 percent – the lowest unemployment rate since December 2000 and down from over 9 percent in January 2010 –... Read More »

Twitter Cutting Up To 336 Employees, Average Severance Revealed

As expected, Twitter’s Board of Directors has approved cutting up to 336 employees, or roughly 8 percent of its global workforce. It’s unclear whether this is tactical for the companies wellbeing or due to financial pressures. Other competitors like Instagram are favoured more than Twitter currently, with more opportunity... Read More »

Twitter Reportedly Planning Company-Wide Layoffs Next Week

While the number of employees to be let go has yet to be released, Twitter is reportedly planning a round of company-wide layoffs next week.  And according to Re/code, “insiders say it will likely affect most, if not all, departments” (i.e., engineering won’t be spared). Twitter had around 4,200... Read More »