Silicon Valley jobless rate hits 10.0 percent for first time since 1990 (Mercury News)

March 20, 2009 -- The combined unemployment rate for Santa Clara and San Benito counties in February hit double digits —10.0 percent — for the first time in almost two decades, as the recession began taking a bigger bite out of the tech economy.

It was the highest unemployment rate since at least 1990, when the state started tracking the data with its current system, and the highest number of unemployed at 92,800. The valley lost 26,300 jobs, or 2.9 percent, in the past 12 months, according to the Employment Development Department, which released the figures today.



Read the complete story ...


Review Article Be the first to review this article
Featured Video
Editorial
More Editorial  
Upcoming Events
MPSoc Forum 2017 - July 2 - 7, 2017, Les Tresoms Hotel, Annecy, France at Les Tresoms Hotel Annecy France - Jul 2 - 7, 2017
SEMICON West 2017 at Moscone Center San Francisco CA - Jul 11 - 13, 2017
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
DVCon India 2017, Sept 14 - 15, 2017 at The Leela Palace Bengalore India - Sep 14 - 15, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy