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

 

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EAST BAY PAYROLL EMPLOYMENT

MONTHLY COMPARISON
According to the California Employment Development Department, between July 2007 and August 2007, total wage and salary employment dropped 1,100 jobs to reach 1,056,200.

• Government lost 1,700 jobs, partly due to local public schools (down 700 jobs) closing for summer break.
• Construction employment fell by 1,000, which contradicts the prior 17-year average increase of 1,000 jobs between July and August.
• On the upside, professional and business services gained 1,500 jobs. Employment services accounted for one-third of the job gains (up 500 jobs).
• Leisure and hospitality added 900 jobs, a larger-than-typical seasonal increase, primarily in food services and drinking places (up 600 jobs).

ANNUAL COMPARISON
Between August 2006 and August 2007, industry employment added 9,400 jobs or 0.9 percent. This marks the 39th consecutive month of year-over job gains in the East Bay.

• Construction showed the largest year-over job change of any major industry—a cutback of 5,900 jobs, largely in specialty trade contractors (down 4,000 jobs).
• Educational and health services led the year-over job gains by adding 5,400 jobs. Health care accounted for half of the job gains (up 2,700 jobs).
• Professional and business services reported its 44th consecutive month of year-over growth by picking up 4,300 jobs. Professional, scientific and technical services (up 3,100 jobs) accounted for the bulk of the expansion.
• Government posted a net gain of 3,900 jobs, while leisure and hospitality added 2,200 jobs.

East Bay Primary Industry Sectors

August 2007

1 Month Change

12 Month Change

24 Month Change

Educational and Health Services

125,100

600

5,400

8,100

Professional and Business Services

160,500

1,600

4,300

9,100

Government

179,900

-2,200

3,900

7,000

Leisure and Hospitality

90,400

800

2,200

5,100

Retail Trade

112,600

-200

700

800

Manufacturing

98,100

0

600

2,600

Other Services

36,800

-300

600

900

Trans, Warehousing & Utilities

34,400

0

200

200

Wholesale Trade

48,900

0

-100

300

Information

28,800

-200

-800

-1,600

Financial Activities

67,200

0

-1,800

-2,300

Construction

70,800

-600

-5,900

-4,800

Source: CA Employment Development Dept.

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