Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Blogs Careers
    • Blogs
    • Careers

    Silicon Valley Keeps Adding Jobs

    By
    Donald Sears
    -
    July 30, 2010
    Share
    Facebook
    Twitter
    Linkedin

      Silicon Valley is seeing a nice, small rebound in job growth. According to a new state report, the Valley gained 3,300 jobs in June which is the sixth straight month of job growth. Professional and business services added 500 jobs in the northern California region dominated by technology and technology manufacturing companies.

      There is still an unfortunate seesaw effect in unemployment in a number of counties in this region, reported the San Jose Mercury News. The state claims the ending of Census jobs had an affect on the June unemployment numbers, and so did layoffs at companies like Hewlett-Packard.

      “Manufacturing grew in June from the previous month, adding 1,200 jobs, although there were still fewer of those jobs than there were a year ago. Much of that increase was in computer and electronics manufacturing, which grew by 600 jobs.That sector is vital to the valley’s future growth. Computer and electronics manufacturing accounts for 12.6 percent of the region’s jobs — 15 times higher than the national concentration and even much higher than other tech centers such as Austin and Boston, according to the Public Policy Institute of California.“

      Economic experts in the state believe the consistent pace of job growth is a good sign of recovery, according to the Mercury News article. The question is whether the region will sustain the growth over a longer period. California is suffering some of the highest rates of unemployment at 12.3 percent, but is shedding jobs at a much smaller rate than a year ago.

      As the Merc News points out, there are good things happening here to note:

      “The second quarter of this year has given the valley a lot of reasons to be upbeat: the successful Tesla public offering; record sales of the iPhone 4; the launch of the extremely popular iPad; and strong earnings reports from key companies. Intel, for instance, just reported its best quarter ever. There was an influx of venture capital that will help jump-start the cleantech sector, an anticipated source of manufacturing and tech job growth.“

      Donald Sears

      MOST POPULAR ARTICLES

      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      IT Management

      Intuit’s Nhung Ho on AI for the...

      James Maguire - May 13, 2022 0
      I spoke with Nhung Ho, Vice President of AI at Intuit, about adoption of AI in the small and medium-sized business market, and how...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×