An Equity Profile of the Five-County San Francisco Bay Area Region

An Equity Profile of the Five-County San Francisco Bay Area Region

Rising inequality, stagnant wages, and persistent racial inequities have put the long-term future of the booming Bay Area economy at risk, a report from PolicyLink and the Program for Environmental and Regional Equity (PERE) at the University of Southern California finds. Funded by the San Francisco Foundation, the report, An Equity Profile of the Five-County San Francisco Bay Area Region (114 pages, PDF), examined regional demographic trends and indicators of economic vitality, career readiness, and connectedness and found that while closing racial income gaps would boost the regional economy by nearly $138 billion, job growth is not keeping up with population growth, that black and Latino workers have seen the their hourly wages fall between 2000 and 2014, and that income inequality in the region is worsening. The report's authors further argue that achieving full racial economic inclusion and equity could double annual incomes for black and Latino residents, with all residents of the region seeing an average increase of 33.7 percent.