Jobs
Bay Area adds jobs in June, but tech-dependent regions lose workers
The Bay Area posted sturdy job gains in June, primarily due to an upswing in the East Bay that was offset by employment losses in the region’s tech-dependent urban centers, the South Bay and San Francisco.
Employers added 2,200 jobs in the Bay Area in June, a government report released Friday shows.
The East Bay gained 1,800 jobs in June, while the South Bay lost 1,200 positions and the San Francisco-San Mateo metro regions lost 200 jobs, according to the new report.
California added 22,500 jobs in June. The statewide unemployment rate remained unchanged at 5.2%. However, the jobless rates posted in May and June were slightly better than the 5.3% jobless rate for California that was reported for February, March and April.
Over the first half of 2024, the Bay Area added 7,400 jobs, paced primarily by steady increases for the six months in the South Bay and the East Bay.
So far this year, the South Bay has gained 5,300 jobs while the East Bay has added 6,300 positions. In sharp contrast, the San Francisco-San Mateo region lost 3,500 jobs over the first half of 2024 and has shed workers every month this year.
California added 107,100 jobs during the first six months of 2024, this news organization’s analysis of the official government figures shows. All of the numbers were adjusted for seasonal variations.
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