Employment News
Silicon Valley Unemployment Drops to 10.9%
By Erik Even | Dated: 05-24-2009
The unemployment rate in California’s Silicon Valley fell 0.2% to 10.9% in April.One year ago, the rate was 5%. California’s rate is also 10.9%; and 8.6% for the nation.
In the last 12 months, Silicon Valley’s total workforce lost 39,800 jobs.
Silicon Valley is the southern part of the San Francisco Bay Area. The term refers to the region’s large number of silicon chip innovators and manufacturers. Silicon Valley continues to be the nation’s leading high-tech hub because of its large number of engineers and venture capitalists. Geographically, Silicon Valley encompasses the northern part of the Santa Clara Valley and adjacent communities.
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
EmploymentCrossing was helpful in getting me a job. Interview calls started flowing in from day one and I got my dream offer soon after.
- Jeremy E Greenville, NC
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.
