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Coronavirus: Hiring activity crumbles in Bay Area

Coronavirus: Hiring activity crumbles in Bay Area

4 years ago
Anonymous $9CO2RSACsf

https://www.mercurynews.com/2020/04/06/coronavirus-hiring-activity-crumbles-in-bay-area/

SAN JOSE — Hiring activity has tumbled in the Bay Area, yet this region’s employment picture is far stronger than the hiring malaise that has afflicted Los Angeles and New York, according to a report that offers grim new evidence of how the coronavirus has bludgeoned this area’s economy.

During March compared with February, hiring in the Bay Area plunged 4.8 percent, four times worse than the decline of 1.2 percent for the region in February, a report from the Insitute for Regional Studies unit of Joint Venture Silicon Valley shows.