Economy

Bay Watch: Bay Area Remote Work Levels Dropping, Still Highest in the Country image

Bay Watch: Bay Area Remote Work Levels Dropping, Still Highest in the Country

Bay Area workers are showing signs of leaving the virtual world behind and returning to offices and workplaces in person. According to new data fro...
Bay Watch: Region Gained 3,000 Jobs in August, but Growth Starting to Slow image

Bay Watch: Region Gained 3,000 Jobs in August, but Growth Starting to Slow

The nine-county Bay Area added 3,000 jobs last month — a reversal that defied a slight downtick in July, when the region lost 700 jobs. ...
Regional Economic Recovery Remains Sluggish image

Regional Economic Recovery Remains Sluggish

For the third quarter in a row, the San Francisco metro area remains second to last in a list of 25 large metropolitan areas and their post-pandemi...
Council Urges Assembly to Reject Disastrous Unemployment Insurance Expansion image

Council Urges Assembly to Reject Disastrous Unemployment Insurance Expansion

California’s unemployment insurance system is currently saddled with $19 billion in debt from claims made during the pandemic, debt that is conti...
Bay Watch: State of Bay Area Business Travel image

Bay Watch: State of Bay Area Business Travel

As some cities experience a resurgence in business travel, reaching or exceeding pre-pandemic levels of hotel occupancy, conventions, and air trave...
Bay Watch: Are Wealthy People Actually Leaving the Bay Area in Droves? image

Bay Watch: Are Wealthy People Actually Leaving the Bay Area in Droves?

Short answer: no. However, they are leaving the region at a faster rate than they were before the pandemic, or after the Great Recession. This week...
Reigning in Business Taxes Key to Economic Recovery image

Reigning in Business Taxes Key to Economic Recovery

The San Francisco Office of the Controller this week (July 12) released a study echoing the findings of an analysis the Bay Area Council ...
Port of Oakland Hails Labor Agreement image

Port of Oakland Hails Labor Agreement

A shroud of uncertainty lifted from the Port of Oakland this week with the announcement of a tentative agreement in long-running labor negotiations...
Bay Watch: Strong Job Gains in May, Defying Tech Layoffs and March Losses image

Bay Watch: Strong Job Gains in May, Defying Tech Layoffs and March Losses

In March 2023, the Bay Area’s two-year growth streak came to an end when the region lost 4,400 jobs, which many saw as the first impacts of ...
Bay Watch: Regional Banking Sector Withdraws image

Bay Watch: Regional Banking Sector Withdraws

The recent turmoil in the banking sector has put the spotlight on the Bay Area, with the notable failure of Silicon Valley Bank and the collapse of...
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