San Jose area loses jobs, but East Bay posts gains
Job losses battered Santa Clara County in April, a setback mirrored by a loss of more than 16,000 jobs in California, according to a new report released Friday by state labor officials.
Santa Clara County lost 2,900 jobs during April, while the Bay Area shed 200 positions, the state’s Employment Development Department reported.
The bright spots included the East Bay, which added 500 jobs, while the San Francisco-San Mateo region gained 1,500 jobs. All the numbers were adjusted for seasonal variations.
California suffered a loss of 16,300 jobs — a decline that broke a string of nine straight months of job gains for the Golden State. California last endured job losses in June 2016.
The state’s unemployment rate and the changes in payroll jobs are derived from two different surveys and can move in opposite directions. The statewide jobless rate improved to 4.8 percent in April, compared with 4.9 percent in March. February 2001 was the last time the California unemployment rate was this low.
For Santa Clara County, the employment slump marked the third time in four months during 2017 that the South Bay lost jobs. That’s a sharp contrast to recent years, during which the South Bay had been the nation’s strongest job market.
So far in 2017, Santa Clara County has lost 7,900 jobs, and is averaging a loss of nearly 2,000 jobs a month. In 2016, Santa Clara County averaged a gain of 2,600 jobs a month.
By contrast, during the first four months of 2017, the San Francisco-San Mateo area added 8,800 jobs, the Bay Area gained 5,100 jobs and the East Bay added 4,300 jobs, this newspaper’s analysis of the EDD figures shows.