Similar to the unemployment rate in the East Bay, rates in the Bay Area’s other metro areas were also unchanged from July to August 2007, holding steady at 4.3 percent in San Francisco and 5.0 percent in San Jose. These estimates show increases from August 2006, when the unemployment estimate was 4.1 percent in San Francisco and 4.5 percent in San Jose.

BAY AREA LABOR FORCE

In a month-over-month comparison, the labor force (number of individuals who are currently employed or actively seeking employment) of each of the Bay Area regions grew. The East Bay gained 8,300 workers between June and July of 2007, San Francisco gained 7,400 and San Jose gained 9,000. 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.

BAY AREA EMPLOYED RESIDENTS

Between June and July 2007 all three Bay Area regions saw gains in the number of employed residents (employed persons who reside within the specified region). In the East Bay there were 4,300 more residents employed in July than in June, in San Francisco 5,400 more, and 6,800 more in San Jose. In a year-over-year comparison with July 2006, the East Bay had 13,900 more employed residents, San Francisco, 24,100 and San Jose had 14,100 more employed residents.

BAY AREA PAYROLL EMPLOYMENT

Between July and August 2007, the East Bay and San Jose areas saw small losses in payroll employment of 1,100 and 2,500, respectively; the San Francisco area saw a moderate increase of 1,300 jobs. In a year-over-year comparison with August 2006, the San Francisco area gained 26,000 jobs, while the San Jose area gained 14,000 jobs. The East Bay gained 9,400 jobs. A detailed description of East Bay payroll employment follows in the next section.

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