The Gulf region posted job losses in March as hiring slowed in the region

City says 7,000 summer jobs are available for Boston youth ages 14 to 18

Downtown Oakland and Lake Merritt areas, March 2023.

The Gulf region’s economy, which has been faltering due to a growing recession in the technology sector, lost thousands of jobs during the month of March, a worrying shock that indicates a slowdown in the region’s economy.

The loss of 5,600 jobs in the Bay Area, the state labor agency reported Friday, halted a remarkable streak of employment gains in the region’s nine counties that spanned 25 straight months. The last time the Gulf region lost jobs was in January 2024, according to this news organization’s analysis of government data.

The East Bay shed 6,400 jobs in March, the labor agency reported, while the San Francisco-San Mateo area — hard hit by tech sector hiring cuts — lost 5,600 jobs last month.

South Bay was the main bright spot in a bleak report. Santa Clara County added 2,200 jobs in March, which is the main reason job setbacks in the Bay Area have not worsened.