— Tech companies added 2,200 jobs in the Bay Area in October. They added 2,200 jobs in the South Bay and 1,400 in the San Francisco-San Mateo region but slashed 1,000 jobs in the East Bay.
— Hotels and restaurants chopped 1,000 jobs. San Francisco-San Mateo lost 1,600 hotel and restaurant positions, while the South Bay lost 200. The East Bay added 600 hotel and restaurant workers.
— The administrative support industry lost 2,500 positions in October. These include clerical workers, secretaries, record-keepers and office workers. Administrative support jobs declined by 900 in the East Bay, 800 in the South Bay and 700 in the San Francisco-San Mateo region.
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...and my BIL's anecdotal observation that almost none of his attorneys will come into the office now, it appears that COVID has changed the landscape...High Tech workers and enabling professionals (e.g. Lawyers) who can work from home are doing well, but those in urban areas who have depended on office dwellers in the past (Hotels, Restaurants, Office staffs, Maintenance workers) are suffering the effects of the WFH shift.
Things are changing...but CA is far from a "Failed State". A much bigger and widespread problem is our expanding U.S. Wealth Gap...that needs to change...in all states. Providing ever more tax breaks for Corporations and the already wealthy isn't part of the solution.