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SAN FRANCISCO - BAY AREA - Coggle Diagram
SAN FRANCISCO - BAY AREA
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EDUCATION 🍎
46% of workers in the Bay Area have a bachelor's degree or some form of an advanced degree - this makes the Bay Area one of the top 4 regions of educational attainment.
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EMPLOYMENT🏛
- Employment in The San Francisco Bay area is very high with an unemployment rate of just 2.0% in Dec 2022 compared to the US national average of 3.5 percent
Still employment is slowly growing: the nature of jobs are changing in san fran bay area --> used to have a stagnant economy --> industry demand has called for more educated workers --> which is why employment is growing slowly
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QUALITY OF LIFE
gentrification has led to low income workers that live in the are to be forced to move out of their homes as they can no longer afford to live therre.
PHYSICAL GEOGRAPHY
The Bay are trying to move towards a more green space through 'The Clean Economy' innovtion. They will use 'cleantech'
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INDUSTRY
Industry in the Bay Area is heavily concentrated in sectors that require a high-skilled labour force and sectors related to tourism.
The regions most concentrated industries are professional, scientific and PSTS (technical services and information)
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