Mayor Lee’s Statement on Unemployment Rate Dropping to 3.6 Percent & Record Number of Jobs Created in San Francisco
Mayor Edwin M. Lee today issued the following statement on San Francisco’s unemployment rate dropping to 3.6 percent in August 2015, based on preliminary unemployment numbers released by the California Employment Development Department (EDD), and a record 101,451 jobs created since 2011:
“When I took office in 2011, the need to attract jobs and investment into our City was urgent with near double digit unemployment hurting our families. Today, with an unemployment rate of 3.6 percent and a record 101,451 new jobs, we know our economic policies are working and that more of our residents are able to support their families and share in the economic success of our City.
Growth in job sectors like tourism, construction, healthcare, hospitality and tech are beating the nation, and storefront vacancies in many of our diverse neighborhoods are down.
I’ll never take our City’s economic success for granted because people’s livelihoods depend on it.
That’s why I set out an aggressive affordability agenda that started with putting people back to work and getting the economy on track. Because of our focus, we are now able to make record investments in everything from our social safety net to education to public safety to transportation to parks and libraries.
With these historic investments, we are making sure San Francisco remains a City for everyone.”
San Francisco’s unemployment rate remains the third lowest in the State among California’s 58 counties.
“When I took office in 2011, the need to attract jobs and investment into our City was urgent with near double digit unemployment hurting our families. Today, with an unemployment rate of 3.6 percent and a record 101,451 new jobs, we know our economic policies are working and that more of our residents are able to support their families and share in the economic success of our City.
Growth in job sectors like tourism, construction, healthcare, hospitality and tech are beating the nation, and storefront vacancies in many of our diverse neighborhoods are down.
I’ll never take our City’s economic success for granted because people’s livelihoods depend on it.
That’s why I set out an aggressive affordability agenda that started with putting people back to work and getting the economy on track. Because of our focus, we are now able to make record investments in everything from our social safety net to education to public safety to transportation to parks and libraries.
With these historic investments, we are making sure San Francisco remains a City for everyone.”
San Francisco’s unemployment rate remains the third lowest in the State among California’s 58 counties.