Hiring dips in March, before shelter-in-place orders

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.

On a year-over-year basis, hiring was down 9.1 percent in March.

Leave a Reply

The Exedra comments section is an essential part of the site. The goal of our comments policy is to help ensure it is a vibrant yet civil space. To participate, we ask that Exedra commenters please provide a first and last name. Please note that comments expressing congratulations or condolences may be published without full names. (View our full Comments Policy.)

Your email address will not be published. Required fields are marked *