long line of layoffs<\/a>.<\/p>\n\u201cThe numbers are encouraging, but we should understand that this is happening despite tech, not because of it,\u201d said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. \u201cOur technology sector is shrinking right now, and it may continue to shrink for a long while.\u201d<\/p>\n
The Bay Area lost 2,900 tech jobs in August, with losses of 2,400 positions in the San Francisco-San Mateo region, according to unadjusted numbers posted by the state EDD.<\/p>\n
The South Bay shed 400 tech jobs, and the East Bay lost 100\u00a0 in August, EDD figures show. Tech industry totals were unchanged in the four North Bay counties.<\/p>\n
\u201cThe numbers show that though artificial intelligence dominates all employment discussions in California, its impact on job numbers continues to be minimal,\u201d said Michael Bernick, an employment attorney with law firm Duane Morris and a former director of the state EDD.<\/p>\n
According to federal data, hiring in the South Bay continues to be strong.<\/p>\n
\u201cRight now, the South Bay is outperforming the state and nation in job growth,\u201d said Steve Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy.<\/p>\n
Over the one-year period that ended in August, job totals in the South Bay have jumped 1.8%. That\u2019s compared to 1% in the Bay Area, 0.9% in the San Francisco-San Mateo region, 0.3% in the East Bay, 0.8% in California, and 0.4% in the U.S.<\/p>\n
Over the last year, the South Bay gained 20,400 jobs, more than half of the 38,500 the Bay Area had during that period.<\/p>\n
Similarly, the South Bay\u2019s job gains during the recent 12 months represented 14.7% of the 138,500 jobs gained in California \u2014 even though the South Bay market is only 6.5% the size of California\u2019s.<\/p>\n
Of the Bay Area\u2019s major urban centers, the South Bay is the only region where the job market has surpassed pre-pandemic levels.<\/p>\n
As of August, it had 14,200 more jobs than in February 2020. However, the Bay Area, East Bay and San Francisco-San Mateo region all remain below their pre-COVID totals, government reports show.<\/p>\n
\u201cPeople tend to forget that there are many and multifaceted sectors to the Silicon Valley economy and ecosystem,\u201d Hancock said. \u201cRight now, they include healthcare, construction, education, and local government services. These are growth areas for the region and big job generators.\u201d<\/p>\n
But despite the encouraging trends, key obstacles loom, Levy said.<\/p>\n
\u201cGoing forward there are two sets of headwinds \u2014 high and rising interest rates and the recent surge in gas and energy prices,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"In a hiring upswing, the Bay Area and California both gained thousands of jobs in August, according to…\n","protected":false},"author":2,"featured_media":468772,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[389,2647,184,387,7,8,390,391,392,332,393,383,2333,394,2955,57615,7153,1286,1533,181,6113,23,992,191,194,8027,3938,100,993,143,395,182,1969,22494,976,396,88,90,89,2651,397,32172,197,198,5556,94685,2720,3628,200,203,1970,398,3627,399],"class_list":["post-468771","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-alameda-county","tag-antioch","tag-bay-area","tag-business","tag-california","tag-california-news","tag-central-contra-costa","tag-concord","tag-contra-costa-county","tag-east-bay","tag-east-contra-costa","tag-economy","tag-editors-picks","tag-fremont","tag-hayward","tag-in-case-you-missed-it","tag-job-cuts","tag-jobs","tag-keywee","tag-latest-headlines","tag-layoffs","tag-local-news","tag-marin-county","tag-milpitas","tag-mountain-view","tag-napa","tag-napa-county","tag-news","tag-north-bay","tag-oakland","tag-peninsula","tag-pm-report","tag-retail","tag-retail-jobs","tag-richmond","tag-san-francisco-county","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-san-mateo","tag-san-mateo-county","tag-san-rafael","tag-santa-clara","tag-santa-clara-county","tag-santa-rosa","tag-social-alert","tag-solano-county","tag-sonoma-county","tag-south-bay","tag-sunnyvale","tag-technology","tag-tri-valley","tag-vallejo","tag-west-contra-costa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/468771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=468771"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/468771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/468772"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=468771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=468771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=468771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"This](\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/09\/SJM-L-BAYJOBS-0919-90.jpg\")
At 5.1%, the California unemployment rate was in a three-way tie with Connecticut and Oregon for the nation\u2019s highest \u2013 Michigan was at 5% and all\u00a0other states were below 5%.<\/p>\n