Record High Employment in San Francisco and the Valley

20 Sep

Record High Employment in San Francisco and the Valley

1

Having jumped like Kris Kross in July, the number of people living in San Francisco with a job increased by another 1,400 last month to a record 543,400.

And as such, there are now 77,900 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 106,700 since January 2010 and 11,500 more than at the same time last year with an unemployment rate of 3.5 percent.

In Alameda County, which includes Oakland, employment slipped by 500 in August but the number of residents with a job (804,500) remains 16,900 higher than at the same time last year, an increase of 112,500 since January of 2010.

2

Employment across the greater East Bay also slipped in August, down a nominal 700 to 1,339,400, while employment in San Mateo County ticked up by 1,100 to 439,200 and jumped by 7,800 in Santa Clara County to a record high 1,011,900, which was the greatest month-over-month increase in four years.

Source : www.socketsite.com