SFCED | San Francisco Center for Economic Development


Bay Area Hiring Climbs Toward Pre-Recession Levels, With Nearly 200,000 New Jobs Projected by 2018

The founders of TubeMogul, a maker of advertising software, wanted to avoid growing pains last year just as their hiring was about to skyrocket.

So they set up a top-notch recruiting team and within the last three years quadrupled its workforce to more than 120 people in its Emeryville offices.

The company is one of many firms in the Bay Area adding workers at exponential rates — pulling the region out of the Great Recession and setting it on track for several more years of job growth.

“It’s gotten easier over time,” said Brett Willson, co-founder and CEO of TubeMogul, of ramping up headcount in a short amount of time. “When most people walk in the door, they can feel there is something happening here.”

The next five years look promising for the Bay Area’s job force with San Francisco, Marin and San Mateo counties projected to add close to 74,000 jobs and the East Bay estimated to add about 124,000 jobs between now and mid-2018, according to data from Beacon Economics, a San Rafael-based firm.

Overall, the west side of the bay experienced significant job growth in the past few years and surpassed pre-recession levels of 1 million jobs, while the East Bay is still climbing to reach its pre-recession peak of 1.05 million jobs.

Read more: San Francisco Business Times Bay Area hiring climbs toward  pre-recession levels, with nearly 200,000 new jobs projected by 2018