Research Facts & Figures > Economic Forecasts & Updates > August 2007 Monthly Analysis > Payroll Employment

 

East Bay Economic Development Agency Quarterly Forcast
Serving the East Bay, The Bright Side of the San Francisco Bay

EAST BAY PAYROLL EMPLOYMENT

 

According to the California Employment Development Department, between June 2007 and July 2007, the total number of jobs fell by 10,000 jobs to reach 1,056,800.

 • Public and private school closures for the summer caused a reduction of 8,600 jobs combined.

• Construction fell by 1,400 jobs, which is atypical to the usual job gains based on historical month-over activity for the past 17 years.

• Financial activities declined by 900 jobs, primarily in finance (down 400 jobs) and real estate (down 300 jobs).

• Professional and business services lost 700 jobs, while leisure and hospitality posted an increase of 500 jobs.

 

East Bay Primary Industry Sectors

July 2007

1 Month Change

12 Month Change

24 Month Change

Government

182,100

-6,200

4,800

2.6%

Educational and Health Services

124,500

-1,500

4,600

3.7%

Professional and Business Services

158,900

-700

3,300

2.1%

Leisure and Hospitality

89,600

500

2,200

2.6%

Retail Trade

112,800

500

1,100

1.0%

Manufacturing

98,100

0

1,000

1.0%

Other Services

37,100

0

800

2.2%

Natural Resources and Mining

1,400

100

200

16.7%

Wholesale Trade

48,900

-100

0

0.0%

Trans, Warehousing & Utilities

34,400

-200

-100

-0.3%

Information

29,000

-200

-900

-3.0%

Financial Activities

67,200

-900

-1,900

-2.7%

Construction

71,400

-1,400

-4,100

-5.6%

 

Source: CA Employment Development Dept.

 

 

Between July 2006 and July 2007, payroll employment in the East Bay advanced by 10,600, or 1.0 percent.

• Government reported the 13th consecutive month of year-over gains by adding 4,800 jobs, largely in local public schools (up 4,400 jobs).

• Educational and health services expanded by 4,600 jobs, mainly in health care (up 2,200 jobs). • Professional and business services rose by 3,300 jobs, primarily in professional, scientific, and technical services (up 2,700 jobs).

• On the downside, construction lost a total of 4,100 jobs. Specialty trade contractors (down 3,100 jobs) accounted for the bulk of the losses.

A year-over-year comparison of the East Bay’s manufacturing sector showed an overall improvement of 1,000 jobs since July 2006. Between June and July 2007 the manufacturing sector was unchanged.

East Bay Manufacturing Sector

5/2007

Employment

1 Month

Change

12 Month Change

24 Month Change

Residual-Miscellaneous Manufacturing

34,000

-100

1,100

3.4%

Petroleum and Coal Products Manufacturing

7,400

100

400

6.0%

Computer and Electronic Product Manufacturing

21,700

100

100

0.5%

Transportation Equipment Manufacturing

7,800

0

-100

-1.3%

Chemical Manufacturing

7,000

0

-100

-1.4%

Residual-Food Manufacturing

20,200

-100

-400

-1.9%

Total Manufacturing

98,100

0

1,000

1.0%

 

In a year-over-year comparison, Bay Area regions continued to see substantial gains in labor force numbers. When compared with July 2006, in July 2007 the East Bay had 17,400 more workers, San Francisco 24,600 and San Jose, 15,800.

 

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