Unemployment in Silicon Valley

Key figures show that unemployment continues to decline in the valley – especially in technology. The chief economist with the Bay Area Council Economic Institute said that the South Bay will recover all its jobs lost by the recession by 2014 but that San Francisco and the East Bay will take longer.

My personal dashboard for growth is traffic on the 101. In 2010, it took me 25 minutes to drive from San Francisco to the San Mateo Bridge at rush hour. It is now creeping up to almost 35 minutes.


About Cameron Ackbury, CPA

Founding Director at DaggerFoil Group
This entry was posted in Reverberations. Bookmark the permalink.

One Response to Unemployment in Silicon Valley

  1. America will rebound from this. The recession is over (and has been) for innovative companies. Your commute is going to get longer each day. This is a good sign.

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