Thought Leadership: San Francisco Q3 Office Statistics & Insights
Cushman & Wakefield Global Real Estate
By Derek Daniels Senior Research Analyst San Francisco Another Wave of “Big Tech” Leasing The unemployment rate for the San Francisco metropolitan division (San Francisco and San Mateo counties) was 3.3% in August. This percentage is unchanged from the 3.3% reported one year ago, as the market has reached full employment translating to hiring challenges across the spectrum. Total private sector jobs increased by +1.8% to 992,800 while office using positions were essentially flat year-over-year a…