4 ms·
I'm not sure how true this is. My coworkers mention that during the 2007/2008 recession in SF they saw all of their coworkers/friends laid off and leave the Bay
by vecinu 9y ago
I'm not sure how true this is. My coworkers mention that during the 2007/2008 recession in SF they saw all of their coworkers/friends laid off and leave the Bay Area.
It took one of my coworkers a whole year to find another job during that period, even though he was in a high CoL area and initially had a "great selection" of jobs.
- rconti 9y agoI don't know a single person that lost a job in 2007/2008. Everyone just hunkered down. Stopped job hunting, employers stopped hiring, everyone just stayed quiet. Now, I know my anecdote doesn't mean much, because supposedly unemployment went up. Traffic certainly got better. But my point is, the anecdotes aren't worth a ton. I'm not making mine up -- I'm dead serious. Nobody I know got laid off, nobody I know left the area. I also know far more people who have moved TO California than out of it, and the only people I know who moved out were a couple of people in the past 3 years.