13,000 New Tech Jobs In San Francisco Since The Start Of 2012

[GBP Note:  As our office is located in SF we can attest to rising traffic levels recently in the City.]

Boom Town: Tech Jobs Have Grown By A Third In San Francisco Since The Start Of 2012

August 27, 2012 in TechCrunch
By Colleen Taylor

Updated. The visual evidence of boom times returning to San Francisco is all around the city: Apartments are nearly impossible to find, rents and home prices are shooting up, fancy new restaurants are popping up daily, and the transit system is packed.

Now, actual data is backing it up.

Tech jobs in San Francisco have nearly tripled grown by a third since the start of 2012 — from 13,000 to 44,000 31,00 to 44,000 — according to new figures released by San Francisco Assessor-Recorder Phil Ting’s office. Seems that all the hiring activity, along with established companies and startups moving from the South Bay into the city proper, are really adding up when it comes to tech employment.

The top neighborhoods for tech jobs are South of Market, South Beach, and Mission Bay. The job growth is directly impacting the real estate market, pushing home values higher, according to Ting’s office.

According to a report on the figures by Bay City News published today by the online newspaper SF Appeal, Ting said:

Click here for full article and video in TechCrunch


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