Employment News
Silicon Valley Unemployment Rate Hits 11%
By Erik Even | Dated: 04-17-2009
California’s Silicon Valley, the nation’s information technology mecca, saw its unemployment rate hit 11% in March, nearly doubling in one year.The nation’s unemployment rate is 8.5 percent.
The region lost 4,100 jobs last month, and 36,000 in the past year, according to the state Employment Development Department.
Some 101,500 people are unemployed and seeking jobs, up from 47,800 in March 2008.
California has the fourth-highest unemployment rate in the nation.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
I like the volume of jobs on EmploymentCrossing. The quality of jobs is also good. Plus, they get refreshed very often. Great work!
- Roberto D Seattle, WA
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
