The Bay Area and California both lost thousands of jobs during February, a disquieting report that raises questions about the strength of the economy in the state and this region. The job losses in the Bay Area and California suggest the hiring boom that began in the final few months of 2023 and extended into January of this year has been interrupted, at least for now.
The Bay Area and California both lost thousands of jobs during February, raising concerns about the strength of the economy. The job losses suggest that the hiring boom has been interrupted. The Bay Area lost 4,200 jobs, primarily in the tech industry and construction.
Job Losses Bay Area California Economy Hiring Boom Tech Industry Construction
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