If San Francisco is serious about restoring its economy, then it must reshape its policies to attract and retain middle-wage jobs as part of its economic strategy. Read about Advance SF’s suggestions here.
It’s well established that San Francisco has an affordability problem. But Advance SF’s Middle Income Jobs Report highlights how the City’s economic recovery is lagging far behind comparable cities, exacerbating San Francisco’s stature as one of the most expensive cities in the country.
The paper, co-authored by the Bay Area Council Economic Institute, focuses on how to reinvigorate the economy after its two-year coma. Attracting job growth across the income spectrum, particularly in the middle, is a critical factor in San Francisco’s economic recovery, according to the paper — which uses the Economic Institute’s research and data to present how the pandemic has intensified existing challenges and created new threats to the City’s sustained economic prosperity.
San Francisco is taking longer to bounce back than other metropolises, and ASF is building a large coalition and encouraging individual groups to act with a unified purpose toward our shared goals, namely the revival of San Francisco.