Bay Area VS New York City's job market (San Francisco: fit in, sales)

[mis6ixty]

I've been working in NYC for 3 months, but dislike my job and the city environment. Recently, I'm considering moving back to the Bay Area, however, I heard many negative things about the market condition over there. I'm interested in international business planning, marketing, financial advisory. I don't mind doing marketing or strategic planning for tech companies which Bay Area is full of. How is the overall job market for entry-level positions for recent bachelor's degree graduates in Bay Area versus in New York City? The unemployment rate in California is 14% compared to NY's 8%.

[18Montclair]

Right now, the job market in NY is better.

My brother-in-law finished his residency in LA and wanted to move up North to be near he and his wife's(my sister) families but the positions he applied for each had hundreds of applicants. It was insane.

So he took a job in Philadelphia instead.

When the Bay Area job market is hot-no where is hotter.

But when its weak, its 'hella' weak.

LOL

[NorCal Dude]

There really is no comparison, the NYC market is robust, and the the bay areas is not. Its really that simple.

[18Montclair]

Originally Posted by NorCal Dude

There really is no comparison, the NYC market is robust, and the the bay areas is not. Its really that simple.

More like the NY Job market has a cold and the SF job market is in the hospital with pneumonia.

I wouldnt characterize either as 'robust' in the least, but NY is doing better at the moment.

[mayorhaggar]

People in NYC have told me that it's really rough there too. Things here are pretty bad too. I would sit tight and wait for the economy to get better, hopefully it does this fall or at least early next year, I was planning on moving to NYC but I'm going to wait until the economy gets better.

[mini_cute]

I don't know how SF's job market compares to NYC's right now but it seems like a good share of hiring in SF is in the dot com type of companies- Twitter keeps expanding, Yelp seems to be hiring like crazy, and lots of web start ups are moving back into SoMa and Mission again

http://www.sfgate.com/cgi-bin/blogs/inthemission/detail?&entry_id=65794

[pkennedy1990]

It depends on what you want to do. If you wanted to, say, be a public school teacher, no school district in California is hiring at all and New York City's is at least still hiring substitutes. New York is also surrounded by more other states and other cities with their own opportunities, and they're closer to it than anything is to San Francisco. With New York at least there are other places around it to look, too, while with San Francisco there are not.

[batransplant]

Our next door neighbor is an ivy league educated corporate attorney from a top firm (his boss had some issues so he had to leave, but wasn't fired or laid off, just a bad scene) and he absolutely positively could NOT find another legal job in San Francisco. He was oddly able to get several interviews in LA and landed a job down south. He up relocating his whole family to LA and renting his house out in the bay area because he cannot sell it due to being at least 300k underwater.

Unfortunately for us, they were in a hurry and rented their place to red necks w/ 3 over sized trucks that don't fit in the garage or driveway and actually hang past the side walk into the street! These things take up the entire culdesac when they are all parked here. It is so obnoxious.

Our other neighbor in corporate sales relocated his family to Texas because he couldn't find anything up here. They are also underwater on their house and rented it out. Not sure who those people are yet since they never come outside.

Finally the people across the street are also relocating and are in the process of renting out their underwater home as well. Not sure where they are going.

We are finally moving out of here as well. Yay! But just to another part of the bay area.

[ttocs99]

It's true, it really depends on the career path. For instance, I'm in stock brokerage operations. Now, as far as being a stock broker, or financial advisor, you can do that pretty much anywhere. But operations is a little more specialized. When I lost my job in 2001, stock brokerage operations in San Francisco started to die everywhere. My company moved their operations to NYC and NC, after having operations for years in SF. Companies started doing the same, or even closing down (Robertson Stephens). So if you do something like Human Resources, they do that everywhere. But not every field is everwhere. Back in the 1990's, try finding tech companies outside of Silicon Valley and NYC, now they are everywhere. Hate to say it, but go where the work is. I hope to come back to the Bay Area some day, but I am not until I know I can continue my career out there.