Friday, April 26, 2019

Port of Oakland is a Job Creator

By Karen Robes Meeks

The Port of Oakland is a significant job creator and revenue generator, according to an economic impact study released April 18.

The research by Martin Associates points out that 84,144 jobs in the Bay Area – 20 percent are based in Oakland – are supported by the port, which generates $130 billion in overall economic value from business revenue, consumer spending, and total value of goods and services. The study also indicates that nearly $700 million in state and local taxes are generated by the port and its tenants.

“The report confirms the Port of Oakland’s role as a jobs generator for the region,” said port Director of Social Responsibility Amy Tharpe. “The port creates business opportunities that provide good, family-wage jobs.”