San Francisco Job Losses Continue Amid Slowing Growth
San Francisco Job Market Faces Long-Term Challenges Turbulence rattles the San Francisco job market. The Bay Area braces for continued economic contraction. Widespread job losses starkly remind us of the region's labor market challenges. San Francisco Metro Division, part of the Bay Area, has seen over a 5% employment decline since mid-2022. This ongoing struggle shows the precarious state of employment opportunities here. The region was historically known for its robust economic resilience. April 2025 marks a continuation of this distressing trend. Job losses extend beyond the Bay Area to other parts of the U.S., including several Midwest cities. National job growth has notably decelerated. Only one U.S. metro area added over 50,000 jobs year-over-year, while 22, including San Francisco, recorded losses. The national employment landscape is shifting, affecting overall growth, as reported construction or project delays are becoming more prevalent across the U.S. Despite declines, ...