July 2021

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 snapshot of the labor market in the San Francisco Bay Region as of May 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

Unemployment rates continued to trend downward across the Bay Region in May 2021, though remaining higher than levels seen prior to the pandemic. Marin, San Benito-Santa Clara and the Mid-Peninsula had the lowest rates of the region at 4.3%, 4.7% and 4.9%, respectively. Monterey and Solano had the highest rates of unemployment in May 2021 at 7.3% and 7.2%. To view additional unemployment rates for select sub-county areas, visit EDD's website here. To view county-level data on unemployment insurance (UI) claims, including by industry and select demographic characteristics, visit EDD's dashboard here.

Data source: Labor Market Information Division of the California Employment Development Department (EDD). Data collection conducted during 2nd week of the month.

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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 San Francisco Bay COE / BACCC Bay Regional Directors' Communities of Practice Bay Area Council Economic Profile California Industry Employment Changes Calculator California Policy Lab - California Unemployment During the Covid-19 Pandemic Federal Reserve Opportunity Occupations Monitor New: Rework America Alliance & McKinsey Job Progression Tool

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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