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Article posted: 12/1/2012 7:07 AM

Rising tech job boom eventually lifts boats elsewhere in San Francisco

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Phil Schiller, Apple's senior vice president of worldwide marketing, talks about the panoramic features of the new camera and iSight during an introduction of the new iPhone 5 in San Francisco. Every new technology job in a city creates five additional local jobs outside the sector over time, according to an analysis by Enrico Moretti, an economics professor at the University of California, Berkeley.

Associated Press/September 2012

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Nerds are no longer the only ones benefiting from the innovation boom. Having left the heavy lifting to technology companies until early this year, San Francisco's non-tech employers are playing a growing role in the city's labor recovery. Positions in everything from retail to construction to hospitality now comprise about 75 percent of the city's job growth, helping it add jobs at among the fastest rates in the nation and reduce its unemployment rate to 6.5 percent.
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