SF Beats Silicon Valley in Tech Job Growth

On Guerrero Sunday morning. Several doorsteps had the same book.  This photo is from October 2011. Now, Lee gets credit for attracting more tech jobs than Silicon Valley.

On Guerrero Sunday morning. Several doorsteps had the same book. This photo is from October 2011. Now, Lee gets credit for attracting more tech jobs than Silicon Valley.

The San Francisco Business Times reports that more tech jobs are moving to the city.

State figures show the city enjoyed 57 percent growth in tech jobs between 2010 and 2013, compared with 14 percent in Santa Clara, Bloomberg reports.

San Francisco has become the center of the latest tech boom, helped at least in part by Mayor Ed Lee‘s push for a payroll-tax break for businesses in the blighted Mid-Market area.

THERE’s a video that goes with the post. 

My favorite line? You just don’t feel innovative in the suburbs.

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14 Comments

  1. John

    Yes, Ed Lee has halved the SF unemployment rate since being elected on a pro-jobs platform. He has delivered what he promised.

    This will also further deflate the already receding and barely credible argument that SF is some kind of dormitory suburb for SV.

    No, the real action is here and we are fortunate to be here now, witnessing it first hand.

    • backtothesuburbs

      Ed Lee has halved unemployment? That is a complete failure of logic …

      Employers have halved unemployment thanks to the up bounce in the economy aka QE. And the fact that the world seems now ready for a digital machine revolution. There were plenty of tech companies in SF before Lee took office …

      No one credited a mayor with the last tech boom … or president for the great recession.

      As for real action, well the action in SF will always be a fraction of silicon valley — remember we are a tiny, dense peninsula. In terms of raw numbers of tech workers SF is relatively small and will never be able to support entire campuses like IBM, google, fb etc.

      • John

        SF’s unemployment rate has halved. There is no doubt about that.

        you can theorize about that all you want, but as the article says, the Twitter incentive plan was a big part of it, because it put SF back on the map for entrepreneurs and risk takers.

        I know you hate success and prosperity, so this must hurt. If only we could be more like Detroit, right?

        • two beers

          Because in your simplistic Manichean view, if you’re against tax breaks for billionaires, than you’re for massive poverty.

          Fucking idiot.

          • John

            There are only about a dozen billionaires in SF and I do not believe that any of them have gotten tax breaks from the city.

            The city did give tax breaks to businesses that would otherwise have left the city. Most people think that is smart.

            But more generally, yes, we can only give tax breaks to people who pay a lot of tax.

  2. poor.ass.millionaire

    “My favorite line? You just don’t feel innovative in the suburbs.”

    I’ll second that.

    • John

      Yeah, for all SF’s high taxes and dumbass over-regulation, it’s still a great place to make bank.

      That’s why we’re all here, right?

      • poor.ass.millionaire

        You, I and some others. But many like sitting in cheap rent controlled apartments whining and complaining all day too. Apparently it’s a good city for that too!

        • John

          SF has long been a magnet for losers and misfits. They think they can come here and never grow up to be an adult.

          Rent control is an enabler of that. Fortunately that really only benefits the hippies etc who came here decades ago and are now dying off, going senile or otherwise decaying.

          The future looks much brighter as SF transitions into a city for winners.

  3. pete

    Good news…

  4. C. Russo

    Good god, is that the best headshot the Lee campaign could get? It screams “shyster,” “corporate whore” and “Where’s MY New Yorker profile?”

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