Job Outlook: San Francisco, CA
San Francisco is the 4th largest city in California, and the 12th largest in the US. The city by the bay is home to some of the nations' top technology companies, a strong financial district, and major health care companies.
Unemployment Rate of the San Francisco metropolitan Metro Area:
San Fransisco's unemployment rate was 8.3% according to April 2011 statistics from the Bureau of Labor Statistics, April 2011 report.
Top Industries in San Fransisco Metro Area:
Fastest-growing industries in the San Francisco metro area are:
- Telecommunications – Led by AT&T
- Retail – Led by CVS/Caremark, Sears & Mobile Solutions by Kiosk (RadioShack)
- Health Care – Led by Sutter Health & Amedisys Home Health
- Defense – Led by US Army
- Manufacturing – Led by Snap-on Tools
Best-paying industries in the San Francisco metro area are:
Top Companies in the San Francisco Metro Area*:
- City and County of San Francisco – The City and County combined Government of San Fransisco is the metropolitan area's largest employer. The San Francisco Chronicle reports that the City and county of San Francisco employs approximately 28,000 people in the Bay area.
- Safeway Inc. - Safeway is the 3rd largest grocery company in North America, and the 10th largest US retailer store chain, and is headquartered in the Bay area. Safeway, number 50 of the Fortune 500, has over 100 stores in the San Francisco metropolitan area. The San Francisco Chronicle reports that Safeway employs approximately 16,600 people in the Bay area.
- Hewlett-Packard Co. – Hewlett Packard is one of the world's largest information technology companies, and the world's largest manufacturer of PCs. HP, number 9 of the Fortune 500, designs and manufactures computers, servers, data storage, software, and provides related technology services. The San Francisco Chronicle reports that HP employs approximately 16,000 people in the Bay area.
- PG&E Corp. – Pacific Gas & Electric Company generates and delivers electricity and natural gas to most of northern California. PG&E, number 176 of the Fortune 500, delivers electricity and natural gas to over 15,000 customers in over 70,000 square miles in central and northern California. The San Francisco Chronicle reports that PG&E employs approximately 13,900 people in the Bay area.
- Sun Microsystems Inc. – Sun is a global manufacturer and distributor of work stations, servers, storage devices, and software. Sun was recently acquired by Oracle, one of the Bay area's largest software and database companies. The San Francisco Chronicle reports that Sun employs approximately 13,500 people in the Bay area.
- Wells Fargo & Co. – Wells Fargo, one of the nations' big 4 banks, is headquartered in San Francisco. Ranked number 41 of the Fortune 500, Wells Fargo is the leading financial intuition on the West Coast and focuses on retail banking, wholesale banking and consumer finance. The San Francisco Chronicle reports that Wells Fargo employs approximately 9,300 people in the Bay area.
- Cisco Systems Inc. – Cisco is a global information technology company, focusing on data and voice communications. Cisco, number 57 of the Fortune 500, designs and manufactures networking systems, communications technology, voice over IP telecommunication, and consumer electronics. The San Francisco Chronicle reports that Cisco employs approximately 8,800 people in the Bay area.
- Chevron Corp. – Chevron is a global energy company, headquartered in the bay area. Chevron, number 3 of the Fortune 500, is a major oil and gas explorer, producer, refiner, distributor, power generator, and chemical manufacturer. The San Francisco Chronicle reports that Chevron employs approximately 8,200 people in the Bay area.
- Google – Google is the world's largest internet company. Ranked number 177 of the Fortune 500, Google specializes in internet search and advertising, as well as hosing an increasing number of internet based services. HowStuffWorks.com estimated that Google employs approximately 8,000 people in the Bay area.
- Oracle Corp. – Oracle is the world's second largest software company, headquartered in the Silicon Valley. Oracle, number 113 of the Fortune 500, is known for designing and marketing enterprise management systems to run large corporation systems. Recently, Oracle acquired Sun Microsystems (also based in Silicon Valley). The San Francisco Chronicle reports that Oracle employs approximately 7,900 people in the Bay area.
- Gap Inc. – The Gap is one of the world's largest specialty clothing and accessories retailers, operating over 3,400 stores globally. Based in San Francisco and number 178 of the Fortune 500, Gap Inc. retails under the following store brands: Gap, Old Navy, Banana Republic, Piperlime, and Athlea. The San Francisco Chronicle reports that Gap, Inc. employs approximately 7,300 people in the Bay area.
- Intel Corp. – Intel is the world's largest semiconductor manufacturer, and one of the largest information technology companies. Intel, number 61 of the Fortune 500, designs and manufactures processors, memory chips, and other components found in computers, servers, consumer electronics and communication devices. The San Francisco Chronicle reports that Intel employs approximately 6,000 people in the Bay area.
- ABM Industries Inc. – ABM Industries is a national outsourcer of building and facilities maintenance. ABM, number 561 of the Fortune 1000, provides janitorial, parking, engineering/maintenance, energy, and landscape & golf services to facility owners nationwide. The San Francisco Chronicle reports that ABM employs approximately 5,400 people in the Bay area.
- Flextronics International Ltd. – Flextronics is a manufacturing outsourcing company, providing manufacturing services to OEMs. Flextronics, number 275 on the Global 500, focuses on circuit boards, cameras, power supplies, logistics, repair and field services. The San Francisco Chronicle reports that Flextronics employs approximately 5,200 people in the Bay area.
Top San Francisco metropolitan area jobs in need of workers:
- Health Care
- Customer Service
- Administrative – Clerical
Top San Francisco metro area employment trends**:
- San Francisco area work from home opportunities decreased 81% since October 2009.
- San Francisco area consulting opportunities decreased 69% since October 2009.
- San Francisco area outsourcing opportunities decreased 29% since October 2009.
San Francisco metropolitan area attitudes and employment outlook:
San Francisco is projected to grow a moderate 17.9% through 2025 according to BizJournals.com. As the economy recovers, the San Francisco area driven by information technology and bio-tech companies should continue to demonstrate strong job growth.
-- Find jobs in San Francisco, Calif.
** According to SimplyHired Employment Trends