Following the weakest first quarter for employment growth since 2009, the number of people living in San Francisco with a job slipped by 700 to 543,900 in April.
But with the labor force having dropped by 2,600 as well, the unemployment rate in the city has dropped to a near record 2.7 percent. Having hit 8.8 percent in 2010, the record low unemployment rate in San Francisco was 2.4 percent at the end 1999.
And while employment in the city remains 3,300 below an all-time high of 547,200 at the end of last year, there are still 78,400 more people living in San Francisco with paychecks than there were at the end of 2000, an increase of 107,200 since January of 2010 and 7,000 more than at the same time last year.
In Alameda County, which includes Oakland, employment slipped by 2,300 in April to 805,600 but remains 7,900 higher versus the same time last year, with an unemployment rate of 3.5 percent and 113,600 more employed residents since the beginning of 2010.
Employment across the greater East Bay slipped by 3,800 in April to 1,339,300 but the unemployment rate dropped to 3.5 percent as the labor force shed 10,100.
Up north, the unemployment rate in Marin County dropped 2.7 percent while employment slipped by 600 to 135,900.
And down in the valley, the unemployment rate in San Mateo County dropped to 2.5 percent while employment slipped by 700 to 436,800 and the unemployment rate in Santa Clara County dropped to 3.1 percent despite a 4,300 drop in employment to 985,400.