Bay Area, California both gain jobs in May, but slowdown deepens

The Bay Area and California both added jobs in May as they continued to recover from coronavirus-related illnesses – but for the third month in a row, job gains were weaker than the previous month.

Employers added 6,900 Bay Area jobs in May, buoyed by gains in Santa Clara County, the East Bay and the San Francisco-San Mateo area, according to a report from the Department of Development. state employment.

California gained 42,900 jobs in May, the state employment agency reported Friday.

Santa Clara County added 1,700 jobs, the East Bay gained 1,900 positions and the San Francisco-San Mateo area added 2,700 jobs in May, officials reported. All figures have been seasonally adjusted.

Employment trends for 2022, however, point to an economy and labor market that appear to be easing, analysis of government reports by this new organization shows.

California, the Bay Area, Santa Clara County, the East Bay and the San Francisco-San Mateo area all saw weaker job gains in March, April and May than in previous months.

Moreover, not all of these regions have yet recovered all of the jobs they lost in March 2020 and April 2020, the first two months of government-imposed business closures to combat the spread of the coronavirus.

About Dwaine Pinson

Check Also

8×8 puts Silicon Valley headquarters in the sublease market

CAMPBELL, CA–8×8, the cloud communications company, has put its 178,000 square foot Silicon Valley headquarters …