Berkeley

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Situated in California on east shore of the San Francisco Bay in northern Alameda County is the municipality of Berkeley. The city is neighbored by the cities of Emeryville and Oakland to the south, Kensington and Albany to the north, and ends at the county line (bordering Contra Costa County) to the east.

Berkeley is the home of the oldest University of California campus and the Lawrence Berkeley National Laboratory. The Gradual Theological Union likewise is situated here. The city is considered one of most politically liberal in California and was ranked the third most liberal city in the United States in a recent study.

Ranging from numerous commercial and manufacturing to industrial businesses, the economy of Berkeley is quite diverse. During the year 1999, the city achieved its lowest unemployment rate at 2.3%. Nevertheless, various cultural groups do not benefit from the 70,000 jobs offered by the businesses: During 1990, the unemployment rate for women who are African-American was 12% and the rate for males who are African-American was more than 18 percent. The standard overall rate for the city during that time was 5.6%. This group also makes less per capita income. During the year 1990, it was 59 percent of the citywide average, a meager $11,134.

The city of Berkeley is known to be a great location for small, independent companies to locate. There are several different companies in West Berkeley, creating around $1.2 billion in taxable sales revenue. The city is filled with skilled people with unique entrepreneurial ideas which benefit a lot of the local companies which have developed here. The majority of commercial buildings are of average size, that is probably due to the 90 percent of all employers in the area that have fewer then 20 employees. Economic stability is likewise acquired in Berkeley with The University of California and other state-supported research and educational facilities.

During the mid to late '90s, there was economic prosperity within the city, that brought benefits and several difficulties. The city's cultural, social and economic diversity has been challenged by the increase of property values and rent always increasing. The more crafty and artistic individuals are finding it ever more tough to live with financial pressures rising. Retail and office spaces are become more common as higher office rents cause pressure on businesses to downscale from their well-paying industrial jobs to office spaces that are smaller. Within West Berkeley, where the industrial sector thrives, continuous supervision is considered necessary so as to maintain a balance between manufacturing, retail, and office applications.