The Bay Area job market rocketed higher in October and achieved its strongest gains in eight months, raising hopes that the region’s economy might be starting to shake off its coronavirus-linked maladies.
The employment improvement in the nine-county region last month was led by big increases in Santa Clara County and the San Francisco-San Mateo region, as well as by sturdy gains in the East Bay, government labor officials reported Friday.
The Bay Area added 21,100 jobs in October, which was the region’s best showing since last March when it gained 23,900 jobs, this news organization’s analysis of the new report shows.
Santa Clara County added 8,100 jobs, the San Francisco-San Mateo region gained 8,700 jobs, while the East Bay increased employment by 2,300 positions.
The gains in the South Bay were the best since February and the San Francisco-San Mateo employment increases were the best since June.
California added 96,800 jobs during October and the statewide unemployment rate improved to 7.3% last month, down from 7.5% in September.
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