1993 Need Assessment Update & Fiscal Year 1994-95 Interim Priorities
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V. ECONOMIC PROFILE

A. Employment/Unemployment

San Mateo County continues to have one of the lowest unemployment rates in California (Annual Planning Information, Employment Development Department, June 1992). According to the 1990 U.S. Census Report for San Mateo County, the civilian unemployment rate is 4.2%.

 


TEXT TABLE 11

CIVILIAN LABOR FORCE, EMPLOYMENT AND UNEMPLOYMENT SAN MATEO COUNTY, 1990

Civilian Labor Force

368,438

Employment

352964

Unemployment

15474

Unemployment Rate

4.2%


Source:

B. Job Growth

According to Projections '92 (ABAG), San Mateo County's economy expanded during the last two decades because it serves as a primary alternative to San Francisco for office space. As decentralization of jobs continues, San Mateo County will benefit from its location between downtown San Francisco and the electronics industry in Silicon Valley. Between 1990 and 2010, the local economy in San Mateo County is expected to generate a demand for 74,460 new jobs above the 1990 employment base,

Text Table 12 shows the number of jobs by subcounty areas for 1990 and projections for 2000 and 2010 and projected increase from 1990 to 2010 for San Mateo County.

In the North subarea, most of the job demands will occur in Brisbane, Daly City, San Bruno, and South San Francisco, These communities combined are expected to add about 18,300 new jobs between 1990 and 2010. In the Central subarea, Foster City and San Mateo combined are expected to add about 17,220 new jobs between 1990 and 2010. Finally, in the South County subarea, Redwood City area accounts for 18 percent of the county's projected demand for new jobs. Because East Palo Alto is the last remaining section of the county with development potential, it shows the greatest job growth percentage between 1990 and 2010 with 4,600 new jobs or a 374.2% job growth increase.

 


TEXT TABLE 12

Total Jobs Distributed by Subcounty Areas for 1990,2000 & 2010 and Percent Change Form 1990 to 2010, San Mateo County

Subcounty Areas 1990 2000 2010 % Changes 1990 - 2010

TOTAL COUNTY

319,150 369,840 393,610 23.3%
North County 86,670 99,580 106,330 22.7%
  Brisbane 5,690 6,800 7,630 34.1%
  Colma 1,470 1,830 1,900 29.3%
  Daly City 19,590 24,430 27,420 39.9%
  Pacifica 4,130 4,750 5,040 22.0%
  San Bruno 12,490 14,930 17,010 36.2%
  So. San Francisco 43,300 46,840 47,330 9.3%
Central County 118,570 132,800 140,710 18.9%
  Belmont 13,260 13,880 15,420 16.3%
  Burlingame 29,230 30,900 31,290 7.0%
  Foster City 13,660 17,110 21,460 57.4%
  Hillsborough 1,100 1,220 1,250 13.6%
  Millbrae 5,590 5,960 6,140 9.8%
  San Mateo 55,730 63,730 65,150 16.9%
South County 87,320 105,290 113,420 29.9%
  Atherton 2,270 2,420 2,650 16.7%
  East Palo Alto 1,240 2,320 5,880 347.2
  Menlo Park 25,360 31,120 31,250 23.2%
  Portola City 1,160 1,330 1,500 29.3%
  San Carlos 16,510 16,700 18,150 9.9%
  Woodside 940 970 1,050 11.7%
Coastside 4,550 5,410 6,230 36.9%
  Half Moon Bay 2,790 3,110 3,140 12.5%
  Half Moon Bay Uninc. 1,760 2,300 3,090 75.6%
S.F. Airport & Remaining Areas & Places 22,040 26,760 26,920 22.1%

Source: Projections '92, Association of Bay Area Governments, July 1992. Unincorporated areas within subareas not included.
 

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