Recession/Jobs

Job boom: Bay Area, South Bay, California post big July hiring gains

A hiring boom fueled big job gains in July in the Bay Area and California, a surge that helped drive the statewide unemployment rate to 3.9%, the lowest level ever measured, state labor officials reported Friday

…Robust gains in the Bay Area tech sector drove much of the Bay Area uptick in July
https://www.google.com/amp/s/www.siliconvalley.com/2022/08/1…

In other news

SAN JOSE — Construction work is underway at the sites of nine Google-owned buildings, part of an extensive effort to enable the tech titan to move next year into a huge campus that’s emerging in San Jose.
https://www.msn.com/en-us/money/realestate/google-starts-con…

There are layoffs coming…
But the Recession feels a little like the Russian Military Victory over Ukraine
… I’ve heard it’s coming

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