Bay Area job gains in September produce nearly half of state’s growth

The Bay Area produced several thousand jobs during September, a hiring upswing that was robust enough to account for nearly half of all the employment gains in all of California last month, a new report shows.

All three of the Bay Area’s major metro areas, the South Bay, East Bay and the San Francisco-San Mateo region, gained jobs last month, the state Employment Development Department reported Friday.

The Bay Area added 6,700 jobs in September on the heels of a revised increase of 1,400 positions in the region in August, the EDD reported.

The upswing in the Bay Area in September was a welcome counterpoint to what had been a trend toward paltry job growth over the summer.

During September, the San Francisco-San Mateo region added 2,800 jobs, the East Bay gained 2,500 positions and the South Bay added 200 jobs, according to the state labor agency’s report.

California added a feeble 14,700 jobs in September, according to the state government release.

This means the Bay Area produced nearly 46% of the jobs added statewide last month.

The statewide unemployment rate remained unchanged at 5.3%.

For more than two years, California’s jobless rate has been trending steadily higher since reaching an all-time low of 3.8% in August 2022.

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – todayschronic.com. The content will be deleted within 24 hours.

Leave a Comment