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Silicon Valley employment rate drops

Thailand News.Net
Sunday 21st September, 2008

In a sign of a weakening economy, the unemployment rate in Silicon Valley, California, has moved upward for a fourth consecutive month.

The unemployment rate has now reached a four-year high.

Unemployment in Silicon Valley reached 6.6 percent last month, the highest since July 2004, when it was 6.7 percent.

The year-over-year job total fell by 1,400 jobs in Santa Clara and San Benito counties which are home to the Silicon Valley.

The area also lost 1,200 jobs in financial activities, with half of those in finance, including mortgage, banks, and savings and loans.

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Comments on this story

Calvin Hobbes
09-21-08, 08:05 PM

Silicon Valley employment rate drops

Given the areas high concentration of industry, many other readers may find it very interesting to see the monthly employment breakdown by industry type and profession.

Ritu daksh
09-22-08, 03:06 AM

jobs

dear sir,
mai chahti hoo ki mujhe govenment mai job mile or maine bahut try kiya uske baad bhi mujhe safalta nahi mili. kya mujhe government mai job mil sakti hai koi kahta hai ki government mai to vacancy hi nahi rahi par mujhe vishwas hai mai government mai ja sakti hoo, agar koi government mai temparary base job ho to please call me. 9868230524


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