Bay Space provides jobs in July — however tempo of job features slows drastically
The Bay Space added jobs throughout July — however the tempo at which the area gained employment slowed considerably from latest months, authorities officers reported Friday.
The nine-county area gained 3,900 jobs in July, an enchancment that was fueled primarily by sturdy upswing within the East Bay and the South Bay, based on the brand new report posted by the U.S. Bureau of Labor Statistics.
The East Bay added 2,900 jobs whereas the South Bay gained 2,100 positions. The San Francisco-San Mateo area, nonetheless, misplaced 2,000 jobs. All the numbers have been adjusted for seasonal volatility.
The South Bay has now added jobs for 30 consecutive months, gaining positions even by means of the worst of the quite a few rounds of tech layoffs which have hounded the Bay Space since early 2022. The final time the South Bay misplaced jobs was in January 2021.
California added 27,900 jobs in July, the report acknowledged. The statewide unemployment charge was 4.6%, which was unchanged from June.