Job Market Monitor
Silicon Valley
Silicon Valley – The Wage Premium
Software application developers earn large salaries in the United States, $96,260 a year on average. But in metropolitan San Jose they earn $131,270, the highest in the country. There are many partial explanations for this—local cost of living, differences in education levels, experience, and industry—but none of them quite account for it. It turns out that … Continue reading
Silicon Valley’s Workforce – Overwhelmingly white and Asian
The Silicon Valley workforce is overwhelmingly white and Asian, according to newly released corporate reports. The figures show the five companies employ relatively few blacks and Hispanics, and even fewer in managerial or engineering jobs. At both Google and LinkedIn, whites and people of Asian descent make up 91% of the workforce, while Hispanics, blacks … Continue reading
Apple, Google – The Silicon Valley’s Hiring Conspiracy
Steve Jobs wouldn’t appear to have been an emoticon guy, but history will show that on at least one occasion, when words failed to convey his delight, he resorted to one. It was March 2007, and Jobs had received an e-mail from Eric Schmidt, then Google’s (GOOG) chief executive officer and a board member at … Continue reading
Skills Gap / Tech Startups Worry
More technology start-ups will be looking to hire than at any time in the last four years, says Silicon Valley Bank, but they worry they won’t be able to find the talent they need. Even as most leaders and founders of the firms surveyed by the bank for its annual Startup Outlook report say conditions … Continue reading
Startup / Research universities, venture capital firm offices, or government funds are not drivers
How does a newly formed nonprofit organization tasked with helping entrepreneurs across America effectively serve startups that are in different places, in different industries and with wildly different needs? Region by region. This is the central lesson found in “The Start Uprising,” a white paper released today by the Ewing Marion Kauffman Foundation that examines … Continue reading
UPDATE : Electronic Arts Canada | Denies Reports of Massive Layoffs
Electronic Arts (EA) is expected to layoff between 500 to 1,000 employees this week, reports Silicon Valley blog Startup Grind. That represents up to 11 per cent of the company’s total staff, according to numbers released in EA’s latest financial statement on March 31. The video game publisher has four Canadian offices including Montreal, Edmonton’s … Continue reading
Apple says it is supporting 514,000 U.S. Jobs | Reactions
Apple is Supporting 514,000 U.S. Jobs according to Apple itself. You can read the argument @ Apple. “Apple has made its first attempt to quantify how many American jobs can be credited to the sale of its iPads and other products, a group that includes the Apple engineers who design the devices and the drivers who … Continue reading
Recovery bypasses Silicon Valley non-tech workers – Associated Press
Daniel Macias is the face of Silicon Valley seldom seen by those who don’t live there. When he was 19, he wasn’t starting what would become one of the world’s most successful tech companies, like Mark Zuckerberg did at that age when he founded Facebook. Macias spent his 19th birthday behind bars, where he’d been … Continue reading
Stopping the ‘Reverse Brain Drain’ | KQED News Fix
The U.S. Immigration Service held a summit today in Silicon Valley to tackle a “reverse brain drain” of American-trained entrepreneurs returning to their native countries to start companies. More than 100 leaders from high tech, academia and government met at Moffett Field to discuss the “Entrepreneurs in Residence” initiative. “The best and brightest from all … Continue reading
Inside Googles recruiting machine – Fortune Tech
Silicon Valley’s most venerable recruiting setup is operating in one of the most competitive hiring climates ever. It just brought on a record number of new employees. Here’s how. In the hot war for talent being fought in Silicon Valley, no company has an arsenal quite like Googles. Named Fortunes Best Company to Work For … Continue reading
Silicon Valley Gaining Back Jobs Lost In Recession « CBS San Francisco
A report released Thursday claimed it will take another two to three years for the Bay Area to regain all jobs that were lost in the recession. However, the report also suggested that the road to recovery runs right through Silicon Valley. The Bay Area Council Economic Institute expects Silicon Valley to recover all of … Continue reading
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