From the Examiner, to SFAppeal, to TechCrunch, news sites across the country have been misreporting that the number of tech jobs in San Francisco has tripled from January through June of this year, from 13,000 to 44,000. The actual increase was 13,000, up a third from 31,000 to 44,000.
Directly from San Francisco’s Center for Economic Development in response to our inquiry into the reported tripling that simply didn’t make any sense:
Since early 2012 the number of workers in San Francisco’s tech sector has grown by 13,000 to total 44,000. During the same time period, 150 more technology firms moved to the city, bringing the total number to 1,850. This growing trend is helping eliminate commutes to Silicon Valley for many San Francisco-based workers and, analysts believe, strengthening the city’s housing and rental markets.
Note that employment within San Francisco has increased by 6,200 workers from January through June, suggesting that over half of those 13,000 new tech jobs have been filled by workers commuting from housing outside the city.
UPDATE: Four hours after we uncovered the link to the correct data and first published our report, the Chronicle figured it out. The first line of the Chronicle’s report: “SF Appeal, Tech Crunch, the Examiner and others are all reporting that tech jobs tripled in San Francisco this year — a growth rate that would be stunning, if only it were true.” Stunning, indeed.
∙ Tech jobs in SF triple in first half of 2012 [SF Examiner]
∙ SF Tech Job Numbers Triple In 2012 [SFAppeal]
∙ Tech Jobs Have Tripled In San Francisco Since The Start Of 2012 [TechCrunch]
∙ Employment In San Francisco Up By 4,600 In July, Up 24,900 YOY [SocketSite]