The job market in San Francisco remains lackluster, with total employment levels lower than they were a year ago. However, while hiring remains weak, layoff activity has also declined, suggesting that job growth may return to positive territory in 2026.
San Francisco employment growth has yet to turn positive, despite a drop in layoffs
Office-using sectors continue to struggle as tech downsizing weighs on recovery
By Nigel Hughes
CoStar AnalyticsJanuary 13, 2026 | 7:43 P.M.
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