World's Best Workforce
Named “The Best Educated City in the Nation” by Money magazine, San Francisco enjoys one of the most culturally diverse, well-educated and highly productive workforces in the world. More than 50% of the population over 18 years old holds at least a four-year degree, and approximately 20% of residents have attained a graduate or professional degree. In addition, more than a third of the City’s population is foreign-born, and almost half of its residents speak a language other than English at home.
What’s more, San Franciscans are not just intelligent—they’re inventive, too. In his groundbreaking book, The Rise of the Creative Class, Richard Florida ranked San Francisco as the “Most Creative City” in the country. Not surprisingly, the City’s innovative ethos takes many forms; the San Francisco Bay Area boasts a productivity rate that’s twice the national average, and its residents can collectively claim more patents than any other region in the country. In fact, during the years 1995–1999, more patents were awarded to residents of the San Francisco Bay area than to the entire United States combined.
How does this add up for San Francisco-based businesses? One out of every four jobs in the Bay Area region is located in San Francisco. The City’s resident labor force is over 480,000, with another just under 250,000 workers commuting to the City every day. San Francisco companies have an unmatched body of qualified employees to choose from—a body that continues to strengthen and grow.
San Francisco is home to more than 15 colleges, universities and graduate schools—many of them world leaders in their respective fields. The University of California, San Francisco (UCSF) is one of the nation’s premier health science teaching, training and research centers and a global leader in advancing new techniques for the diagnosis and treatment of disease. The University is San Francisco’s second-largest employer and receives more than $500 million in federal research grants every year.
Just across the Bay Bridge is the University of California (UC) Berkeley, whose academic offerings consistently rank among the top five in the country. Nearby Stanford University, through the research initiatives of its top-rated faculty, is credited with helping to spawn ongoing breakthroughs in biotechnology and information technology. Both UC Berkeley and Stanford, along with the colleges and universities within San Francisco, play vital roles in the ongoing enrichment of our world-class workforce.