San Francisco Area Adds 6,400 Jobs as Unemployment Falls to 3.3%
Updated
Updated · The San Francisco Standard · Jun 26
San Francisco Area Adds 6,400 Jobs as Unemployment Falls to 3.3%
1 articles · Updated · The San Francisco Standard · Jun 26
Summary
6,400 jobs were added across the San Francisco-San Mateo area from May 2025 to May 2026, a gain of less than 1% that still pushed San Francisco County unemployment down for a fourth straight month to 3.3%.
3,300 of those jobs came from tourism-related hiring, including 2,600 at restaurants and bars, showing downtown activity is improving even as hotel occupancy remains below pre-pandemic levels.
900 information-sector jobs were added over the year, but the broader professional and business sector remains more than 25,000 jobs below 2019 as AI-driven growth offsets declines at older tech companies.
700 real-estate jobs were lost despite strong home prices and rents, while healthcare and private education continued to support hiring and government payrolls shrank.
15,000 leisure and hospitality jobs are still missing versus 2019, underscoring an uneven recovery as businesses weigh summer tourism demand against higher tariff, insurance and utility costs.