The Bay Area job market should expand more quickly than California and the nation over the next two years, primarily because of solid employment growth in the San Jose and San Francisco area, although the Oakland area should expand as well, a report released Thursday shows.
Over the two years that include 2013 and 2014, job totals in the Bay Area should expand by 7.2 percent, the Bay Area Council’s Economic Institute reported. That would mean average growth in the 3.5 percent range for each of the two years.
“The Bay Area economy has been outpacing California and the United States by a wide margin,” said Jon Haveman, chief economist with the Economic Institute. “That is likely to continue.”
Read more: The Contra Costa Times Bay Area Job Market Should Outpace U.S. And California