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The San Francisco Metropolitan District (MD) posted another year of solid employment gains, adding 28,100 jobs from January 2016 to January 2017, a 2.6% rate of growth. These latest data show that San Francisco reached another record high for total employment, with nonfarm payrolls hitting 1,105,000 jobs in January 2017.
Furthermore, the unemployment rate in the area held steady at 3.0%—a decrease of 0.1 percentage points from one year earlier. This is particularly impressive considering the fact that the labor force grew by 1.2% in 2016—reflecting the opportunity and desirability to be in the San Francisco (MD) market.
The strongest growth across 2016 and into 2017 came from...