Area

The Bay Area and California posted their weakest job gains in eight months in September, a warning sign that the economy’s rebound from mammoth job losses unleashed by the coronavirus has begun to wobble.

The nine-county Bay Area added 11,800 jobs during September, an upswing led by Santa Clara County and the San Francisco-San Mateo region, according to a new government report.

California gained 47,400 jobs in September. The statewide unemployment rate remained unchanged at 7.5% — far above the record-low jobless rate of 4.1% that California achieved several times during 2019.

Santa Clara County and the San Francisco-San Mateo region each gained 6,000 jobs during September, twin increases that paced the region’s job gains. The East Bay added a modest 200 positions last month.

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The job increases in the Bay Area and California were the weakest for both since January, when each of the regions lost jobs.

Source : https://www.mercurynews.com/2021/10/22/bay-area-california-job-gains-weak-covid-recovery-wobbles-economy-edd

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