2021 - Year In Review

San Francisco Bay Region: LMI News & Updates

The San Francisco Bay Center of Excellence (COE) for Labor Market Research strives to provide useful labor market data and information to the 28 community colleges we serve. We know it is paramount that colleges stay informed as they adapt programs and prepare students to transition to a post-pandemic labor market. This newsletter provides a brief year in review of the labor market in the San Francisco Bay Region during 2021.

In keeping with how the California Employment Development Department (EDD) provides the data, data in this newsletter on unemployment and industry employment are presented by metropolitan statistical areas (MSAs). Table 1 below provides a crosswalk of how these metropolitan areas align with counties and the sub-regions established by the California Community College Chancellor’s Office (CCCCO).

Unemployment

The figure below presents unemployment rates across the Bay Region for the most recent two years, from January 2020 to December 2021. The second year of the COVID-19 pandemic started with higher unemployment rates that gradually decreased throughout the year.  By December 2021, several sub-regions in the Bay Region ended the year with lower rates of unemployment than the state’s unemployment rate of 5%, including Marin, the Mid-Peninsula, San Benito/Santa Clara, Sonoma, the East Bay and Napa. Solano, Santa Cruz and Monterey reported slightly higher rates of unemployment at 5.2%, 5.4% and 7.2% respectively. NEW: View and export more unemployment data for the Bay Region here, or from the Bay Region COE’s resource page on BACCC’s website.

Data source: Labor Market Information Division of the California Employment Development Department (EDD).

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Additional Resources

For additional labor market information for California and the Bay Region, visit: Statewide Centers of Excellence (COE) for Labor Market Research Bay Area Community College Consortium (BACCC) San Francisco Bay COE / BACCC Bay Area Council Economic Institute

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Questions? Comments?

This newsletter is intended to provide useful labor market data and information relevant to the San Francisco Bay Region. Please contact us if you have any questions about the newsletter, or suggestions for additional data and information you would like to see in future newsletters.   John Carrese, Director jcarrese@ccsf.edu   Chris Lee, Assistant Director culee@ccsf.edu