Business & Tech
Bay Area Hiring Slowdown Began Before Shelter In Place Order
On a year-over-year basis, hiring was down 9.1 percent in March when the coronavirus health orders were issued.
BAY AREA — Hiring was down in March in the Bay Area by a seasonally-adjusted 4.8 percent on a month-over-month basis, according to LinkedIn's monthly workforce report for April.
In February, before the shelter-in-place orders went into effect in the region, hiring was off by 1.2 percent. "The decline in hiring makes a lot of sense given the shelter-in-place since mid-March," Rachel Massaro, director of research for Joint Venture Silicon Valley, said in a statement.
Joint Venture Silicon Valley is a leadership group that shines the spotlight on issues and takes aim at finding innovative solutions for them.
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On a year-over-year basis, hiring was down 9.1 percent in March.
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