San Jose, Oakland job surges power Bay Area hiring boom
The Bay Area gained more than 12,000 jobs in March in a hiring surge led by the East Bay and Santa Clara County, state jobs data showed Friday, easing concerns about an economic slowdown.
The East Bay added 9,900 jobs in March, Santa Clara County gained 3,000 and the San Francisco-San Mateo area added 200 positions, according to the state’s Employment Development Department.
The gain of 12,400 jobs in the Bay Area — the most in a month since last October — banished job losses that pummeled the nine-county region in January and February. Those setbacks had raised the specter of an economic slump hitting the region.
“The March gains take the collapse of the Bay Area economy off the table,” said Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy. “We will continue to see steady growth in the Bay Area.”