Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

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Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture provides analysis and action on issues affecting the Silicon Valley economy and quality of life. The organization brings together established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues, launch projects and work toward innovative solutions.

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What's Happening Now

Register: 2023 Silicon Valley Poll Briefing, Oct 4

Silicon Valley Poll logoSeptember 25, 2023 - On October 4, this year’s Silicon Valley Poll Briefing at Evergreen Valley College will dissect the results of the annual public opinion survey overseen 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. The effort, in its third year, has become one of the most closely watched surveys in the region. Joint Venture will host an in-person briefing featuring detailed analysis as expert panelists probe deeper questions about the Bay Area. Russell Hancock, CEO of Joint Venture, will host.

Learn more and register

Silicon Valley Poll: Downtown revitalization and evolving work models

September 18, 2023 - Join Egon Terplan, an expert in place-based economic development, downtown revitalization, regional planning, land use, transportation policy, and government reform, at the Silicon Valley Poll Briefing on October 4. As downtowns grapple with the aftermath of the pandemic and evolving work models, Terplan and other experts will delve into public sentiment and offer invaluable insights into this pressing issue. Register now for an opportunity to gain a deeper understanding of the challenges facing Bay Area downtowns.

Register for the Silicon Valley Poll Briefing

Poll to be moderated by Bert Robinson, Senior Editor, Bay Area News Group

September 18, 2023 - Join Joint Venture on October 4 at Evergreen Valley College for the Silicon Valley Poll Briefing, featuring a distinguished panel discussion moderated by Bert Robinson. As the Senior Editor of the Bay Area News Group, Bert Robinson brings journalistic expertise, including a Pulitzer Prize for breaking news and the Norwin S. Yoffie Career Achievement Award from the Society of Professional Journalists. Robinson is a co-creator of the Poll. Don't miss this opportunity to engage with top-tier insights and analysis at this essential event.

Register for the Silicon Valley Poll Briefing

Jennifer Loving shares perspective on homelessness at 2024 Silicon Valley Poll Briefing

September 25, 2023 - Is homelessness a top concern for Bay Area residents? Find out what the public thinks October 4 at the third annual SIlicon Valley Poll Briefing event at Evergreen Valley College. Delve more deeply into the subject with Jennifer Loving, CEO of Destination: Home, a San José-based nonprofit that advocates for strategies to reduce and prevent homelessness. With more than 25 years working in a variety of shelter, street and housing programs, Loving has spent her career working to solve homelessness in Silicon Valley.

Register for the Poll

Dontae Lartigue at Silicon Valley Poll Briefing Oct 4

September 25, 2023 - When Dontae Lartigue turned eight, the County became responsible for his welfare. He lived most of his life in shelters, group homes, and multiple foster placements. To counter that, he founded Razing the Bar to help young people develop long lasting relationships with adults who can mentor them and change outcomes. Join Dontae on October 4 when he joins a panel of experts at the Silicon Valley Poll Briefing to shed light from an insider’s perspective on the challenges of the system. How will the public perceptions revealed in the Poll compare to lived experiences for someone like Dontae?

Register for the Poll Briefing

Silicon Valley Poll Briefing: Ian Griffiths to illuminate transit questions

September 25, 2023 - Join Ian Griffiths, Co-Founder and Policy Director of Seamless Bay Area (SBA), at the Silicon Valley Poll Briefing on October 4. With over 15 years of experience in urban and transportation planning, Griffiths will serve as a panelist and provide valuable insights into the alignment—or disconnect—between public perceptions, as revealed by the newly-released Poll. SBA's mission is to revolutionize the Bay Area's fragmented transit system into a world-class, unified, and equitable network. Discover if this vision resonates with the broader public at this enlightening event.

Register for the Poll Briefing

Institute: Unemployment rate increases to 3.7%

September 15, 2023 – The unemployment rate in Silicon Valley increased to 3.7% in August from 3.4% in July, mirroring the 0.3 percentage point increase in unemployment throughout the Bay Area (3.7% to 4.0%). This follows a decrease in the rate from June to July, according to analysis by Joint Venture’s Institute for Regional Studies. So far in 2023, the unemployment rate has increased five times when measuring month-to-month estimates and has only decreased twice (between March and April and between June and July). For comparison, the unemployment rate decreased five times (month-to-month) between January and August 2022.

Read the news release

Meet Adina Levin

September 20, 2023 - Community engagement drives transformation. When businesses, nonprofits, and citizens hold authorities accountable, progress is possible. And sometimes, when the community is very fortunate, people like Adina Levin view civic engagement as fun. Adina Levin is Advocacy Director and Co-Founder of Seamless Bay Area (SBA), a nonprofit organization whose mission is to transform the region’s fragmented and often-inconvenient public transit into an equitable and united system. As is the case with many community activists, Adina’s parents also were involved in their community.

Read Adina's profile

Top Videos

The 2023 Silicon Valley Index briefing on the economy

Joint Venture CEO Russell Hancock summarized the major findings from the 2023 Silicon Valley Index at the annual State of the Valley conference held at the Computer History Museum February 17. The report, produced by Joint Venture's Institute for Regional Studies, shows that Silicon Valley is perched on solid ground despite growing income and wealth divides, persistent racial inequities, and a dwindling population. This year the Index briefing was divided into two presentations. One focused on the economy (this video), and one on community (a separate video we will post next month).

Joint Venture’s 2023 State of the Valley conference was held on February 17 as a hybrid event. You can view all the available sessions on our YouTube channel.

The 2022 Silicon Valley Poll

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 Silicon Valley Poll is released on an annual basis in October.

Top Downloads

2023 Silicon Valley Index

Download PDF Silicon Valley is perched on solid ground despite growing income and wealth divides, persistent racial inequities, and a dwindling population, according to the 2023 Silicon Valley Index, released by Joint Venture’s Institute for Regional Studies.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.

Read the news release Download the report

2022 Silicon Valley Poll

report cover According to the Silicon Valley Poll, nearly three out of four residents say their quality of life in the Bay Area has declined over the last five years, a concern that holds across all age, income, and education levels.

Download the report Read the poll

Unemployment Data Release - September 15, 2023

cover The unemployment rate in Silicon Valley increased to 3.7% in August from 3.4% in July, mirroring the 0.3 percentage point increase in unemployment throughout the Bay Area (3.7% to 4.0%).

Read the news release Download the data release

Silicon Valley Commercial Space - Q2 2023

Download a PDF of this report The second-quarter analysis from Joint Venture’s Institute for Regional Studies, in partnership with JLL Silicon Valley, shows a weakening attitude toward the market in the first half of 2023 as a barrage of layoff announcements enveloped the technology industry.

Learn more Download the report

Food Needs Terminology: History, Usage, and Limitations - November 2022

cover The brief tackles the challenge of confusing nomenclature within this critical arena, and offers potential approaches to better define community needs in Silicon Valley and beyond. The objective was to examine a more sustainable way to calculate, discuss, and communicate food needs in Silicon Valley, with applicability in communities elsewhere.

Download the report

Universal Preschool Study - September 2022

Download a PDF of this report This study models what would happen if publicly-funded preschool and after-school care were available to every child under the age of five in Santa Clara County.

Download the report

In The News

September 26, 2023 - (Axios) - Bay Area sees growth in new moms' workforce participation rate: In 2016, the Bay's birthrate dropped to its lowest since the 1980s [per] Joint Venture Silicon Valley found. More

September 15, 2023 - (Silicon Valley) - Bay Area adds jobs in August, but clear signs of economic slowdown emerge: “A tech-heavy economy like ours will always have an ebb and flow,” said Russell Hancock, president of Joint Venture Silicon Valley More

September 15, 2023 - (Mercury News) - US Census: 300,000 Bay Area residents returned to the office in 2022 - “It’s a new ballgame,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley More

September 13, 2023 - (Mercury News) - Bay Area inflation rate cools off as price gains approach normal pace: “Inflation easing really matters in a place like the Bay Area,” said Russell Hancock, president of Joint Venture Silicon Valley More

August 22, 2023 - (CBS) - Proposal would convert hotel tower to housing for San Jose State University students: Russell Hancock, CEO of Joint Venture, says property owners...More

August 18, 2023 – (Mercury News) - Economic cool down? Bay Area adds jobs in July — but pace of gains slows significantly:  “...the Silicon Valley economy has been growing at a rate that outpaces the state and the nation,” said Hancock of Joint Venture Silicon Valley. More

August 13, 2023 - (Mercury News) - California exodus: Top destination for Bay Area transplants isn’t in Texas or Florida. It’s … Seattle?: ...a revelation that surprised even Russell Hancock, CEO of Joint Venture Silicon Valley More

August 11, 2023 - (Inc. Magazine) - The Critical Role of Corporate Venture Capital After the Banking Crisis: Joint Venture Silicon Valley reports that this region generates 13.1 of California's gross domestic product and holds 9.6% of jobs. More

July 31, 2023 - (Silicon Valley Business Journals) - Taylor Swift fans see red after The Eras Tour makes a stop in Santa Clara: Taylor Swift's visit to Levi's Stadium could generate $14.9 million...according to Joint Venture Silicon Valley More

July 29, 2023 - (CBS) - Taylor Swift tour brings Super Bowl-level economic impact to Bay Area: CEO of Joint Venture Silicon Valley, Russell Hancock, called Taylor the Beatles of the 21st century More

July 26, 2023 - (Digital Technology Guru) - Silicon Valley’s AI Concentration Raises Concerns of Inequality: Russell Hancock, CEO of Joint Venture Silicon Valley, anticipates the transformation of high-paying jobs and the potential impact on white and Asian employees. More

July 26, 2023 - (AI2 News) - Silicon Valley’s AI Boom and Potential Disparities: Organizations like Joint Venture Silicon Valley...are closely monitoring the impact of AI on employment and working towards diversifying the workforce. More

July 26, 2023 - (Fagen Wasanni Technologies) - Silicon Valley’s AI Industry Could Widen Disparities: Russell Hancock, CEO of Joint Venture Silicon Valley...hopes that AI will transform high-paying jobs and create opportunities for a more diverse workforce. More

July 26, 2023 - (San Jose Spotlight) - Silicon Valley’s AI boom could widen disparities: Russell Hancock, CEO of Joint Venture Silicon Valley, which focuses on issues affecting quality of life in Silicon Valley, said he hopes AI jobs make the area more equitable. More

July 26, 2023 - (SF GATE) - SJ Free Food Pilot Program Feeds Those In Need: Robin Martin, executive director of Joint Venture Silicon Valley's food recovery initiative, said...More

July 25, 2023 - (NBC) - Bay Area rent prices may be cooling off, but here's why increases may be on the horizon: "We seem to have turned the corner on layoffs," Joint Venture Silicon Valley CEO Russell Hancock said. More

July 25, 2023 - (San Jose Spotlight) - San Jose free food pilot feeds those in need: Joint Venture facilitates the pilot program at the affordable housing sites. More

July 21, 2023 - (Mercury News) - Bay Area hiring surges in June, powered by big South Bay job gains: “These numbers suggest that we’ve pulled through a period of adjustment, and we’re poised now for liftoff,” said Russell Hancock, president of Joint Venture Silicon Valley...More

July 18, 2023- (Northwest Democrat Arkansas Gazette) -Job cuts ease at Bay Area tech firms: Silicon Valley's underlying fundamentals are sound," said Russell Hancock, president of Joint Venture Silicon Valley...More

July 17, 2023 - (Silicon Valley) - Massive job cuts start to ease: “These numbers confirm what our instincts have been telling us, that Silicon Valley’s underlying fundamentals are sound,” said Russell Hancock, president of Joint Venture Silicon Valley...More

July 13, 2023 - (San Jose Spotlight) - East San Jose free food market targets hunger crisis: According to ...Joint Venture Silicon Valley Institute for Regional Studies, wealth inequality in the region is more pronounced than in the U.S. overall...More

July 12, 2023 - (Mercury News) - Inflation cools off further in Bay Area as consumer prices ease: "...we’re seeing the most inflation where there is a local component, especially around food and consumer spending,” said Russell Hancock, president of Joint Venture Silicon Valley...More

July 9, 2023 - (SF Gate) - News Roundup - Silicon Valley's unemployment rate has inched up: Russell Hancock, CEO of Joint Venture Silicon Valley, said residents shouldn't be worried...More

July 8, 2023 - (KTVU) - Unemployment rate in Silicon Valley lower than rest of California: ...according to a recent report from Joint Venture Silicon Valley...More

July 6, 2023 - (San Jose Spotlight) - Unemployment rate in Silicon Valley lower than state: Russell Hancock, CEO of Joint Venture Silicon Valley, said residents shouldn’t be worried about the gradual uptick. More

June 23, 2023 - (MSN) - Feeling the pain: Annual Silicon Valley index reveals widening chasm of wealth inequality...More