The San Francisco economy has struggled to regain its pre-pandemic level due to a shift away from commuting office work toward work-from-home and lack of tourism.
San Francisco has undertaken a significant effort to glam up streets ahead of a vital U.S.-China summit next week, including the removal of homeless camps around the city. 'I know folks are saying, 'Oh they're just cleaning up this place because all those fancy leaders are coming to town.' That's true, because it's true — but it's also true for months and months and months before APEC , we've been having conversations,' California Gov.
The combination of factors, including the rise of work-from-home and the upcoming implementation of a state-wide rise in minimum wage for fast food workers, has made it difficult for the city to reach its previous levels of activity. The loss of tech commuters in particular has hampered recovery efforts, according to the New York Times.
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