Saturday, October 29, 2011

Silicon Valley Unemployment Rate is Dropping

Here's a great stat to start the weekend off with... the local unemployment rate is dropping. Last year the San Jose metropolitan area had an 11% unemployment around this time, in August 2011 it was 10%, and the latest figures have unemployment pegged at 9.6%.  This is compared to a state unemployment rate that currently stands at 11.4%. So in other words, unemployment is dropping in San Jose and our job market is outperforming the California average by almost 2%.

For more info, you know the drill.

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