SFCED

AcronymDefinition
SFCEDSan Francisco Center for Economic Development
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According to the San Francisco Center for Economic Development (SFCED), the occupations with the fastest job growth projections in the San Francisco metropolitan statistical area (MSA) include biomedical engineers, biochemists and biophysicists, microbiologists, computer and information research scientists, software developers, and market research analysts.
While the unemployment rate in California dropped to 8.6% in May, down from 10.7% in the prior-year period, the lowest unemployment rates statewide could be found in the Bay Area counties of Marin (4.5%), San Mateo (4.9%) and San Francisco (5.2%), according to the SFCED.
San Francisco, the SFCED says, is also home to a large pool of capital funding, backed by a strong network of venture and private equity technology funds.