Labor Market Strongest in San Francisco, San Mateo, Marin Counties

August 23, 2017 16:00 pm · 8 comments

The labor market in the San Francisco Bay Area is the strongest in San Francisco, Marin and San Mateo counties, according to data released Friday by the California Employment Development Department.

The unemployment rate was 3.4 percent in San Francisco, 3.2 percent in San Mateo County and 3.4 percent in Marin County.

The unemployment rate in Santa Clara and Napa counties was also below 4 percent while in Alameda and Contra Costa counties the rates were 4.3 percent and 4.5 percent, respectively.

The labor market was the weakest in Solano County where the unemployment rate was 5.4 percent.

1 Fred August 23, 2017 at 4:33 PM

Can’t imagine being unemployed in expensive SF.

2 Original G August 23, 2017 at 6:02 PM

While Bay Area numbers are good which is nice, statewide is not so good.
From Labor Market Information California Employment Development Department website,
Labor Market Information page.

Statewide comparing June 2017 July 2017.
In July, Unemployment went up from 4.7% to 4.8%.
In July, Employment went down by 24,900.
In July, Unemployment went up by 23,500.
http://www.labormarketinfo.edd.ca.gov/

What is troubling, the number of living wage jobs gained or lost are never mentioned. An lets face it in Bay Area you just about need a living wage job to keep you head above water.

From (BLS) U.S. Bureau of Labor Statistics third quarter of 2016 through second quarter of 2017 for the state,
California U-3 measure of unemployment was 5.2%.
California U-6 measure of unemployment was 10.7%.

“U-3, total unemployed, as a percent of the civilian labor force
(this is the definition used for the official unemployment rate)”

“U-6, total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.”

3 EddieSpaghetti August 23, 2017 at 7:29 PM

Why so many homeless in SF, then???

4 XlibXdem August 23, 2017 at 9:58 PM

Eddie Spaghetti: good point! I’ve been wondering the same since I talked to numerous contractors in the last month trying to get work done and they all say they are booked for months and are short of helpers… 90% of the street people don’t want to work. They get free welfare free Obama phones and free handouts to live druggie lifestyles.

5 OriginalDog August 24, 2017 at 6:12 AM

If you were homeless, where would you rather live, North Dakota, Mississippi, Alaska, or California?

6 Rob August 24, 2017 at 8:48 AM

#6 – exactly If someone is homeless they would probably try to get to a state\area with weather that makes living on the street the most viable – clearly North Dakota in the winter time ain’t gonna be pretty and Mississippi in the summer wouldn’t be pretty…

7 Captain Bebops August 24, 2017 at 9:25 AM

Perhaps it’s because the unemployed fled the overpriced, inflated Bay Area. Tech companies are hiring. They’re hiring lots of mediocre programmers who they’ll let go in a year. In the meantime you’ll get buggier apps. Programming is like music, you need to have a talent for it to be good. Everyone else is just a hack.

8 Sacto Rob August 24, 2017 at 2:48 PM

In Russia, everyone have job. No meat, four family share one toilet, walk five mile to work, wait in line four hour for bread. Life stink, but everyone have job.

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