Bay Area soars to big October job gains — but tech layoffs loom

Bay Area soars to big October job gains — but tech layoffs loom

2 years ago
Anonymous $_PGtSJbg8h

https://www.siliconvalley.com/2022/11/18/bay-area-california-job-gain-economy-strong-covid-tech-hotel-october/

The Bay Area job market powered to its strongest employment gains in three months during October, a hopeful upswing that occurred before tech companies began announcing a bout of layoffs in a painful retrenchment.

Employers in the Bay Area added 17,600 jobs in October, led by robust hiring and employment increases in Santa Clara County, the San Francisco-San Mateo region and the East Bay, which represented the strongest job gains since July, a new report released Friday by the state Employment Development Department shows.

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