Despite Recession Silicon Valley Continues To Lead For IT

Omaha Steve

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Mon Aug-31-09 06:21 AM
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Despite Recession Silicon Valley Continues To Lead For IT

http://www.laborradio.org/node/11846

A federal study released this month found that even after the dot.com bust at the start of the decade and pressures from the recession on the Information Technology sector, Silicon Valley is still top dog when it comes to tech jobs. Tech jobs are three times more concentrated in the six counties that make up Silicon Valley then anywhere else in the country. However, between 2001 and 2008 the region lost more than 435,000 jobs as wages sky rocketed by more than 36 percent.

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