The South Bay has the strongest job market in the US based on a new government report. In the 12 month period that ended in July, total payroll employment increased by 6.2%, giving us the fastest growing job market by a huge margin. Tacoma came in second at 5% job growth, while the San Francisco and Salt Lake City metros were tried for third at 4.4%. The East Bay did not rank in the top 10 and had a gain of 2.2%.
To add more color on this data, over the last year 60,400 jobs were added in the San Jose Metro. Half of them were high-tech jobs (presumably with high salaries). We're not just adding tons of jobs, we're adding tons of great jobs.