Tech Layoffs and Higher Than Average Unemployment: A Close Look at the Bay Area’s Job Market
Description
California now has the highest unemployment rate in the country at 5.5%. While the Bay Area’s rate is a bit lower than the state’s, it is still higher than the national average, and continued tech company layoffs and threats to jobs from AI, have workers worried. We look at the shifting Bay Area labor market. Where are jobs disappearing and what could replace them? Will AI be a net boom or loss for local employment? If you’re in the market we want to hear about it. How is the Bay Area labor landscape looking to you?
Guests:
Jeff Bellisario, executive director, Bay Area Council Economic Institute
Aki Ito, chief correspondent, Business Insider coverings the tech industry and workplace issues
Enrico Moretti, professor of economics, UC Berkeley; author, "The New Geography of Jobs"
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