Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Comptroller office: San Francisco recovery continues but job losses persist in leisure and retail

San Francisco Small Business Commission · December 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Ted Egan, chief economist for the Office of the Comptroller, told the commission that total employment in the San Francisco metro area has dipped slightly (under 1%) year over year, with nearly 20,000 jobs still lost in leisure and hospitality and continuing weakness in retail and trade; downtown activity and apartment rents show signs of recovery.

Ted Egan, chief economist with the San Francisco Office of the Comptroller, presented a September 2025 economic update to the Small Business Commission, describing a mixed picture for the city's recovery.

Egan said federal data delays (a federal shutdown affected labor-market reporting) meant the office relied on August data and would reissue an updated report when Employment Development Department (EDD) numbers were…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans