Bay Area job market bounces back; South Bay, East Bay post strong gains – The Mercury News
The Bay Area powered to strong job gains in June, a state labor report revealed Friday, easing fears that the region’s economy was tottering on the edge of a downturn.
Robust competition for many tech-related jobs, however, has prompted some temporary workers to pursue other vocations, and while the region turned around from recent weakness and added jobs last month, economists say the Bay Area’s tight housing market is still acting as a ceiling on job creation by making it harder for companies to recruit talented workers.
In June, Santa Clara County added 2,600 jobs, the East Bay gained 1,900, and the San Francisco-San Mateo region added 4,900 positions, according to the state Employment Development Department. All the numbers wereRead More