Category Archives: Employment

Tech-by-the-Bay: Less of a bubble, more of an economic revolution

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November 28, 2017

 By: Steffen Kammerer, Senior Vice President, JLL

JLL’s latest report on Tech Office Trends shows the Bay Area’s continuing dominance as a global center of innovation.

This may be news to some of you reading this, but the revered “three dot” Chronicle columnist Herb Caen christened San Francisco “Baghdad-by-the-Bay” because of its diversity and multiculturalism. While that diversity still exists, if he were alive today I’d like to think he’d propose… Read More

Bay Area jobs growth slowed in March, but still above national average

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By: Amber Schiada, Vice President & Director of Research

The 215,000 new jobs created nationwide in March show the U.S. experiencing consistent, if slightly slower, employment growth.  In the San Francisco Bay Area, where hiring has been robust in the last few years, job growth also slowed.  The good news is that our market is still adding jobs at a pace ahead of the national average.  In fact, San Francisco was one… Read More

The benefits of a desirable workplace

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By: JLL Staff Writer

Genuine expression of a strong and vibrant company culture can also serve to attract new talent. One workplace study indicates that the combination of organizational culture and workplace facilities outweighs salary and benefits as the influential factors in choosing an employer.

This observation is backed by another study (Fig 3) where 74 percent of candidates would consider a slightly lower paying job in a company

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Healthier jobs growth returned in February, but variance remains

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By: Phil Ryan, JLL Research, Washington DC

After a slow January, February employment showed a healthy return to growth with 242,000 net new jobsUnemployment remained at 4.9 percent, but total unemployment dropped to just 9.7 percent—the lowest rate since before the recession.​

This drop can be attributed to fewer marginally detached workers, improved employee confidence and small-but-significant gains in the active labor force.

 

March 2016 U.S. employment update andRead More