August 31, 2022 - Joint Venture is pleased to announce an October 4 briefing on the results of the upcoming 2022 Silicon Valley Poll. The annual public opinion survey is placed in the field by Joint Venture’s research arm, the Silicon Valley Institute for Regional Studies, in partnership with The Mercury News and the Bay Area News Group. Tuesday, October 4 at 9:00 a.m. PDT.
August 29, 2022 - On behalf of the countywide
August 22, 2022 - The unemployment rate in Silicon Valley decreased to 2.1% in July, which was just below June by 0.1 percentage points. Overall, employment increased by more than 23,000 workers, or a growth rate of 1.6% month over month. The added workers in Silicon Valley represented the largest month over month gain since June 2021 to July 2021 (24,056 added jobs). The labor force in Silicon Valley is still nearly 22,000 below the previous high in February 2020. “The labor force is currently at the highest level since the start of the pandemic,” said Ryan Young, Research Manager for BW Research and an affiliated researcher at the Institute. “It is likely that the total number of Silicon Valley residents actively working or looking for jobs will surpass the previous high for the region by the end of this year.”
August 29, 2022 - From the public’s perspective, 5G has been hyped at a fever pitch for several years, but the impact on everyday life has been limited. TV commercials drop terms like “ultra-wideband” or “extended range,” and phones sometimes show 5G where LTE used to be – but has anyone noticed an impact? In this IEEE panel discussion, experts will discuss the challenges created by the way the wireless carriers have decided to promote 5G, and describe the real value of the technology. (Hint: It’s not just for consumers or phones.) Featured speakers include David Witkowski, executive director of Joint Venture’s Civic Technologies Initiative.
August 29, 2022 - In Sanskrit, the name Hrishika roughly translates to one who brings happiness. Hrishika Vuppala exemplifies the meaning. From her childhood in India, to a formative internship at Apple, to her role as a senior partner at McKinsey & Company in the Bay Area, this Joint Venture Silicon Valley board member has approached life with enthusiasm, boldness, and a sense of mission. Hrishika grew up in Kolkata, the capital of India's West Bengal state. Her mother taught English literature at the university level and her father was CIO of a consumer goods conglomerate. “I sort of grew up seeing the era of digitization happen in front of me,” Hrishika says with a laugh. And that experience propelled her forward, though life was not without obstacles.
August 29, 2022 - Joint Venture’s food recovery initiative has added Ciara Low, to manage a county-wide program Joint Venture is tapped to lead. Low most recently served as Regional Food Systems Coordinator for the Safe & Abundant Nutrition Alliance in Colorado and co-founded UpRoot Colorado. “I am thrilled to welcome Ciara who brings a wealth of experience to the table,” said Robin Franz Martin, executive director of the initiative. “Her work will reduce our county's climate footprint and feed those most in need.”
August 29, 2022 - Senate Bill 917, co-sponsored by Joint Venture, was halted at Appropriations Committee on August 11 and will not move on for an Assembly vote. The initiatives it set deadlines for — fare integration, integrated wayfinding, a connected network plan, and real-time data — are all still in the works. Sources indicate that the bill added momentum for fare integration initiatives such as Clipper BayPass, the MTC/BART payment system, a two-year pilot program to study the impact of a single pass that will provide some 50,000 Bay Area residents free access to all bus, rail and ferry services in the nine-county region.
Joint Venture is participating in the Amazon.com AmazonSmile program. Every time you shop at AmazonSmile.com, a portion of your sales (0.5%) goes to support our work. AmazonSmile is a simple and automatic way for you to support Joint Venture every time you shop, at no cost to you. When you shop at smile.amazon.com, you’ll find the exact low prices, vast selection, and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to support Joint Venture’s work in your community.Top Videos
The 2022 Silicon Valley Index
Joint Venture CEO Russell Hancock summarized the major findings from the 2022 Silicon Valley Index at the annual State of the Valley conference held at Stanford University February 18. The report, produced by Joint Venture's Institute for Regional Studies, shows that an incongruous set of contradictions are still a common theme in Silicon Valley. Employment rebounded to pre-pandemic numbers and tech jobs went up 4%. VC hit new records, start-ups were brisk, and there were more IPOs than in any other year this century. Yet, health and wealth disparities were stratified by race and ethnicity. “Silicon Valley is showcasing our fabled dynamism but also exposing a whopping set of fallibilities,” said Hancock.
Joint Venture’s 2022 State of the Valley conference was held on February 18 as a hybrid event. You can view all the available sessions on our YouTube channel.
The 2021 Silicon Valley Poll | October 12
The Silicon Valley Poll is an extensive public opinion survey placed in the field annually by Joint Venture and its research arm, the Silicon Valley Institute for Regional Studies. Carried out in partnership with The Mercury News and Bay Area News Group, the Poll tracks recurring questions probing how residents feel about the general direction of the region and their stance on a range of policy and planning questions. Each year the poll also poses timely and topical questions about current events.
The inaugural installment of the Silicon Valley Poll was released on October 12, 2021, and will subsequently be released on an annual basis.
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2022 Silicon Valley Index
An incongruous set of contradictions are still a common theme in Silicon Valley, according to the 2022 Silicon Valley Index, released by Joint Venture’s Institute for Regional Studies. Employment rebounded to pre-pandemic numbers and tech jobs went up 4%. VC hit new records, start-ups were brisk, and there were more IPOs than in any other year this century. Yet, health and wealth disparities were stratified by race and ethnicity.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
2021 Silicon Valley Poll
According to the Silicon Valley Poll, Bay Area residents (65%) feel a strong sense of belonging to their region. Yet the majority believe the quality of life has grown worse. More than half (56%) plan to move out of the Bay Area in the next few years. The poll was placed in the field by the Institute for Regional Studies in partnership with the Bay Area News Group.
Silicon Valley Commercial Space - Q1 2022
The Institute’s latest quarterly commercial real estate report prepared in partnership with JLL Silicon Valley showed Silicon Valley’s largest tech companies may have overcome pandemic-related setbacks in their return-to-office planning.
Unemployment Data Release - July 25, 2022
The unemployment rate in the Silicon Valley region increased to 2.2% in June, which was higher than the rate in both April and May.
Silicon Valley Multifamily Housing - September 16, 2021
The Silicon Valley Multifamily Housing report provides a snapshot of the trends in the region’s housing market for residential structures with more than one dwelling unit in the same building.
