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San Francisco Employment Hits All Time High

SAN FRANCISCO—Beacon Economics is currently projecting nonfarm employment in the San Francisco Metropolitan Division to maintain its upward momentum and achieve record high employment levels this quarter.

By Natalie Dolce | Updated on October 13, 2014

SAN FRANCISCO—Nonfarm employment in the San Francisco Metropolitan Division—includes San Francisco, Marin, and San Mateo Counties—reached record high levels this summer and the region is strengthening its position as one of the leading drivers of job creation in California. That is according to a regional outlook report from Beacon Economics.

As of July 2014 there were 1,106,400 nonfarm jobs in the region, 3,500 more positions than in December 2000 when the all time high was set. Job creation in the San Francisco MD is also outpacing the state. From July 2013 to July 2014 nonfarm employment in the region grew by 3.4%, compared to 2.1% in the state overall, the firm says.

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