More Bay Area Workers Choosing To Move Elsewhere

Bay Area workers are packing their bags and heading north. A recent report from LinkedIn found the number of workers moving to the region decreased 17% from February to May 2017, the East Bay Times reports. Seattle, Portland and Austin received the most Bay Area workers within the past 12 months. Seattle’s workforce also increased by 2% from February to May. Another recent report found one in five homebuyers is looking outside of the Bay Area.

It is not all bad news for the Bay Area. LinkedIn reported the Bay Area gained the most workers from New York City, Boston and Chicago, and it ranked as the 12th location for workers to move. Seattle was the top location to receive the most workers overall, with Denver, Austin and Portland rounding out the top four.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Morgan Stanley Fund Buys 189K SF Milpitas Industrial Building

Hudson Pacific Sells San Francisco Office Buildings

Basin Street Adds 113K SF To North Bay CRE Portfolio: The San Francisco Deal Sheet

How California's 2030 Seismic Deadline Is Reshaping Hospital Campuses

WareSpace Expands Microbay Flex Industrial Concept With South San Francisco Acquisition

Galvanize Pays $94M For Milpitas Industrial Portfolio

Build Inc. Served With Notice Of Default On India Basin Project

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

Stanford Pursuing $100M Fund For A 2M SF Expansion

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Renovate Or Raze: K-12 Developers, School Districts Face Difficult Development Choices