Thursday, December 1, 2016

San Jose Metro unemployment is holding below 4%

For the second straight month, unemployment in Silicon Valley has stayed under that magical 4% threshold. It did tick up a tenth of a point from 3.8% in September to 3.9% in October. California is at 5.3% unemployment while the nation is averaging 4.7%. So the net of it is that the nation as a whole is doing quite well, but San Jose is in an exceptional position when it comes to jobs. The rate is even more impressive when you consider we have the highest paying jobs for any large city in the country, if not the world. Now let's find a way to fix those potholes.

Source: SVBJ

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