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Bay Area Macroeconomics Timeline Wednesday, July 23     Author
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Record low Bay Area business confidence

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Treasury Secretary came to Bay Area
Exodus of S.F.'s middle class


June 2008 ... more > Top ^

Jun.22   San Francisco
  The number of low- and middle-income residents is shrinking as the wealthy population swells due to the city's exorbitant housing costs


March 2008 ... more > Top ^

Mar.8   San Francisco
  Henry Paulson came amid a slew of bad news on the housing and economy fronts, including a report that 63,000 jobs disappeared nationwide
Mar.4   Bay Area
  The Bay Area Business Confidence Index, a quarterly measure of the outlook of employers, tumbled to its lowest level in its 7 1/2-year history


year 2007 Top ^

Jan.2   San Francisco Cost of living puts minimum wage over $9
  Low-paid workers got a 3.6% pay raise when the minimum wage was increased to $9.14 an hour

year 2006 Top ^

May.18   Bay Area Bay Area executives to add employees
  The quarterly survey found that 43% of 512 CEOs and executives lan to add employees over next 6 months
Labor Stalemate Slows Crime Fight Feb.17   San Jose Silicon Valley job outlook improving  Executives express cautious optimism as economy strengthens, but housing costs still a worry Jan.21   San Jose Bay Area Improving Job Growth in 2005
  Santa Clara County saw its lowest December jobless rate in 5 years at 4.5%

year 2005 Top ^

Dec.29   Bay Area Bay Area wages highest in nation
  High-tech, management jobs give the 10-county region's workers 17% edge on national average Nov.19   San Francisco Jobless rate rose to 4.6%  In the area, including San Mateo and Marin counties, the rate rose from 4.4% the month before Oct.22   San Francisco Unemployment rate fell to 4.4%  The September rate in the 3-county region from a 4.7% in August   San Jose Jobless rate fell to 5.2%  The rate is down from 5.4% in August and 6% in September 2004 Sep.27   San Jose County Shows Surprising Poverty Rate  14,841 families with children in Santa Clara County living below the poverty level Aug.20   Alameda County Unemployment rate dropped to 5.1%  In counties of Alameda and Contra Costa, the rate was 5.1% in July compared with 6.1% last year   San Jose Unemployment rate dropped to 5.5%  The metropolitan San Jose has recently begun gaining jobs after five years of declines   San Francisco Unemployment rate dropped to 4.6%  In San Francisco, Marin and San Mateo counties, the rate dropped to 4.6% from an estimated 5.6% in July 2004 May.29   San Jose Upturn in Silicon Valley business conditions  Survey found that respondents were positive about the economic conditions and growth May.21   San Jose Unemployment Down In South Bay  The April figures show Silicon Valley unemployment slid to 5.4%, down from 5.8% in March May.3   Oakland Downtown First East Bay Economic Summit Apr.16   San Jose Unemployment is 5.8%   Contra Costa County March unemployment rate was 5.1%   San Francisco Unemployment rate fell to 4.7% Mar.19   San Jose Unemployment dropped to 6.2%  Unemployment dropped to 6.2% in the San Jose metropolitan area, compared with 6.3% in January CEO Fiorina out

year 2004 Top ^

Aug.22   Berkeley Developer Funds Wetlands Restoration  Work has begun on a wetlands restoration project along the waterfront, funded by Cherokee Simeon Company Jun.16   San Jose County unemployment down to 5.9%  Unemployment rates are at their lowest points since 2001 Mar.13   San Jose Unemployment rate dropped to 6.8%  Some Silicon Valley business leaders are expressing optimism that worst may be over Jan.19   San Jose Survey of Valley shows economy changes  A survey at the Silicon Valley hints at a move of jobs from software toward the biomedical industry

year 2003 Top ^

Nov.19   Sebastopol Living wage ordinance Nov.4   San Francisco $8.50-per-hour minimum wage approved
  Voters decided that employers should have to pay their workers a minimum wage that mirrors the cost of living
Schwarzenegger to run for governor

year 2002 Top ^

Aug.5   Santa Clara Job Fair Draws Hundreds of Hopefuls Jul.24   San Jose Job Fair Attracts Hundreds May.13   Oakland Nation's 8th best city for business

year 2001 Top ^

Jul.18   Palo Alto City drops its user utility tax



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