In the fine print of a jobs report published today is some mixed news for Silicon Valley.
For the first time in this downturn, the region lost jobs; it has 4,000 fewer jobs than it did a year ago at this time, and its unemployment rate is 7 percent, according to the Center for the Continuing Study of the California Economy, which analyzed the California Bureau of Labor jobs data.
Tuesday, December 30, 2008
Tech Sector Economy
Not even Silicon Valley is immune to the economic downturn. Job Losses Hit the Tech Sector - Bits Blog