LinkedIn Workforce Report | San Francisco Bay Area | May 2018
Over 146 million workers in the U.S. have LinkedIn profiles; over 20,000 companies in the U.S. use LinkedIn to recruit; over 3 million jobs are posted on LinkedIn in the U.S. every month; and members can add over 50,000 skills to their profiles to showcase their professional brands. That gives us unique and valuable insight into U.S. workforce trends.
This LinkedIn Workforce Report is a monthly report on employment trends in the U.S. workforce. It’s divided into two sections: a National section that provides insights into hiring, skills gaps, and migration trends across the country, and a City section that provides insights into localized employment trends in 20 of the largest U.S. metro areas: Atlanta, Austin, Boston, Chicago, Cleveland-Akron, Dallas-Ft. Worth, Denver, Detroit, Houston, Los Angeles, Miami-Ft. Lauderdale, Minneapolis-St. Paul, Nashville, New York City, Philadelphia, Phoenix, San Francisco Bay Area, Seattle, St. Louis, and Washington, D.C.
Our vision is to create economic opportunity for every worker in the global workforce. We hope you’ll use insights from our report to better navigate your career - whether you’re unemployed and wondering if hiring is improving in your industry, exploring new skills to learn to make yourself more attractive to employers, or considering a move and curious which cities need your skills most.
Hiring
Hiring was 15.1% higher in April 2018 than in April 2017. Seasonally-adjusted hiring (hiring that excludes seasonal hiring variations - like companies hiring less in December due to the holiday season) was 1% lower in April than March. If you’re interested in exploring new opportunities in San Francisco Bay Area, check out LinkedIn Jobs to see what’s out there!
Skills Gap
A skills gap is a mismatch between the skills employers need (demand) and the skills workers have (supply). There is an abundance of skills when supply exceeds demand. There is a scarcity of skills when demand exceeds supply. A city with a scarcity of skills needs more workers with certain skills, while a city with an abundance of skills has too many workers with certain skills.
San Francisco Bay Area’s skills gap is driven primarily by a scarcity of workers with certain skills.
Here are the skills San Francisco Bay Area has in abundance.
And here are the skills San Francisco Bay Area has in scarcity.
If you live in San Francisco Bay Area and want to learn in-demand skills, check out the LinkedIn Learning courses below.
- Healthcare Management
- Sales
- Education and Teaching
- Purchasing and Contract Negotiation
- Retail Store Operations
- Microsoft Windows Systems
- Marketing Event Management
- IT Infrastructure and System Management
- HR
- General Finance
Migration
San Francisco Bay Area gained the most workers in the last 12 months from New York City, NY, Boston, MA, and Chicago, IL. So for every 10,000 LinkedIn members in San Francisco Bay Area, 6.14 workers moved to the city in the last year from New York City, NY.
Seattle, WA, Portland, OR, and Denver, CO gained the most workers from San Francisco Bay Area in the last 12 months. So for every 10,000 LinkedIn members in San Francisco Bay Area, 4.51 workers moved to Seattle, WA in the last year.
San Francisco Bay Area has the most gross migration (gains + losses) with Los Angeles, CA. So for every 10,000 LinkedIn members in San Francisco Bay Area, 63.32 workers either moved to or from Los Angeles, CA in the last year.