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Downtown San Francisco continues to have the weakest recovery from the pandemic out of 62 North American cities as of November 2022, with only 31% of its fall 2019 activity based on mobile phone data, a new study shows. … San Francisco has lost tens of thousands of residents in the last three years and has been at or near the bottom of the rankings throughout the pandemic, which the study’s authors from the University of Toronto and UC Berkeley have blamed on the city’s reliance on office jobs that are easily done remotely. Those include professional, scientific, and technical services, which made up 31% of the downtown workforce as of 2019, and information, which includes many tech jobs and made up over 9% of the workforce in 2019, according to census data. … The slow recovery of San Francisco’s downtown has dire implications for the city budget, which has a projected $728 million deficit over the next two fiscal years, while BART and Muni transit agencies are also facing potential doomsday scenarios. The absence of workers and visitors has also strangled the business prospects of local restaurants and shops.
