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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Data Release: Silicon Valley employment picture improves

cover image September 18, 2020 – Joint Venture’s Institute for Regional Studies released an analysis of post-COVID unemployment rates alongside 20 years of pre-COVID historical data. The analysis came after the release of preliminary August 2020 labor market data from the U.S. Bureau of Labor Statistics (BLS) via the California Employment Development Department (EDD). The numbers reflect the sharpest month-over-month decline since the region’s unemployment rate peaked at an unprecedented 11.6 percent in April. Between mid-July and mid-August, residential employment in Santa Clara and San Mateo Counties rose by 10,850 people, bringing the employment rate down to 7.5 percent.

Read the release

Joint Venture tackles digital divide

Top photo: Susan Ellenberg chatting with community member. Bottom photo: ethernet cables plugged into switchSeptember 20, 2020 - Joint Venture is tackling the digital divide with leadership from Santa Clara County Supervisor Susan Ellenberg. More than 50,000 students do not have access to the equipment necessary for distance learning. "It really is a utility," said Supervisor Ellenberg, who sits on the Joint Venture board. "If you don't have access to education, or you can't apply for jobs or benefits, then you are essentially cut off." Working with Joint Venture's Community Broadband Initiative, the Supervisor and her board colleagues have secured funding that will match funds from the County Office of Education. 

Learn more

Silicon Valley Talent Partnership kicks off SV@Home campaign

SV@Home logo and JVSV logoSeptember 20, 2020 - Joint Venture's Silicon Valley Talent Partnership (SVTP) is providing SV@Home with a team of pro bono volunteers to raise general awareness about the crucial need for affordable housing. The group will implement a creative campaign that will engage developers, generate advocacy, and open doors to new funding opportunities. The effort will shine a spotlight on how the housing crunch affects people of color disproportionately: while only three percent of white Santa Clara county residents live in overcrowded housing, 20 percent of Latino families do.

If your company has talent that fits this project or you are interested in learning more, contact Ashley Raggio.

Institute launches new real-time data tab

screenshot of Live Updates landing page featuring multiple blue box iconsSeptember 20, 2020 - Joint Venture’s Silicon Valley Institute for Regional Studies has launched a dynamic new Live Updates section on the Silicon Valley Indicators data hub. It provides near-real-time datasets that will continue to grow in scope with new features added regularly. Inquisitive users will find Silicon Valley’s only Population Clock, a regional stock tracker, an air quality search, data on home values and regional mobility, and an array of COVID-19 visualizations including counts, testing and hospitalization rates, and a “curve” comparison of Silicon Valley cases per capita against those in California, the United States, and the world.

Explore the Live Updates data tab.

Meet Supervisor Susan Ellenberg: Santa Clara County District 4

Susan Ellenberg sitting with little girlSeptember 20, 2020 - When Joint Venture board member and Santa Clara County Fourth District Supervisor Susan Ellenberg took office in January 2019, she hoped to focus on children and family issues. The county is the social “safety net” for the region and the perfect place to accomplish her objectives. Just over a year later a new priority engulfed her agenda. Helping her district navigate a pandemic was suddenly part of Ellenberg’s job description. “Through it all, there is one constant: my commitment to the well-being of all children and families in this County,” emphasizes Ellenberg.

Read Susan's profile

Amazon Smile: Support Joint Venture while you shop

Amazon Smile logoSeptember 20, 2020 - 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.

Support Joint Venture with Amazon Smile

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is always available at www.siliconvalleyindicators.org.

Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends. Indicators are presented by the Institute for Regional Studies. Housed within Joint Venture Silicon Valley, the Institute provides data and analysis on issues facing dense metropolitan regions.

Investors Spotlight

Donors invest in Joint Venture with both general support and project-specific gifts. Support from the community enables us to provide innovative solutions to issues that confront our regional economies and quality of life. Here are just a few of our many investors:

Greenwaste/Zanker logo Kaiser Permanente Santa Clara Medical Center logo city of Burlingame logo

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

Top Videos

Briefing on the 2020 Silicon Valley Index

Silicon Valley leaders gathered on February 14, 2020 for the 16th-annual State of the Valley conference. Russell Hancock, Joint Venture’s President and CEO, provided a comprehensive briefing of the data contained in the 2020 edition of the Silicon Valley Index, produced by Joint Venture’s Institute for Regional Studies. Hancock emphasizes that, “…the most prodigious regional economy in the history of regional economies,” is tempered by income inequality, homelessness, and impossible transportation woes.

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

Top Downloads

Silicon Valley Commercial Space - Q2 2020

report cover The Institute’s latest quarterly commercial real estate report prepared in partnership with JLL Silicon Valley showed leasing activity has been muted with concentrated efforts in renewals.

Learn more Download the report

Silicon Valley COVID-19 Impacts: Transportation, Emissions & Air Quality

report cover The Institute has released a report that examines the reduction in Silicon Valley’s regional ground and air transportation, declines in traffic delays, as well as the impact of those reductions on transportation-related injury crashes, regional air quality, and greenhouse gas emissions.

Download the report

Silicon Valley Index - 2020

cover Silicon Valley continues its upward spiral with employment growth, eye-popping land transactions, and venture capital flowing into record numbers of megadeals. Yet conditions are harsh for the broad peripheries of the population as inequality reaches new dimensions.

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

Read the news release Download the report

Bridging The Gap (Second Edition) - December 2019

report cover Written primarily for municipal employees, elected local government officials, and civic leaders to help guide their understanding of new and future wireless technologies, this second edition of Bridging The Gap (first published in 2016) updates previous material on the socio-economic value of wireless technologies and the interplay of local vs. federal public policy regarding permitting and costs, and adds sixteen pages of new material on topics including; 5G cellular, CBRS, and reviews of peer-reviewed scientific and academic studies on electromagnetic field (EMF) safety.

Read the news release Download the report

In The News

September 18, 2020 - (KGO-TV) - Coronavirus employment recovery will not be equal across Bay Area, new report predicts:  "It's helpful to the extent that the jobs created are ones that people can transition into," noted Russell Hancock, president and CEO of Joint Valley Silicon Valley... More

September 18, 2020 - (Times Herald) - Coronavirus economy: Bay Area powers to big job gains in August: “We have a long way to go to get back to the 2% or 3% unemployment rates we saw pre-pandemic, but at least we’re heading in the right direction,” said Rachel Massaro, director of research with Joint Venture Silicon Valley’s Institute for Regional Studies. More

September 16, 2020 - (IEEE Transmitter) - Profile: David Witkowski, IEEE Senior Member, IEEE Microwave Theory and Techniques Society, executive director, Joint Venture Civic Technologies. More 

September 2, 2020 - (CBS) - Palo Alto Retirement Home Residents Fight To Remove 4G, 5G Cell Towers: But David Witkowski with advocacy group Wireless Communications Initiative [at Joint Venture] says peoples’ fear of exposure to electromagnetic radiation from cell towers is unfounded. More

September 2, 2020 - (Mercury News) - Google proposes new village next to Mountain View tech hubs: “I love it. I’m crazy about this proposal. This is terrific,” said Russell Hancock, president of Joint Venture Silicon Valley, a non-profit think tank.  More

August 31, 2020 -  (San Jose Spotlight) - South Bay lawyers predict surge in bankruptcies as stimulus money dries up: A recent study by Joint Venture Silicon Valley found the unemployment rate in the region has been lower than statewide, with the South Bay peaking at 11.6% in April and dropping to 9.3% in July. More

August 27, 2020 - (San Jose Spotlight) - New report outlines steps to economic recovery in South Bay: The recovery will require residents and leaders to rethink fundamental questions of how best to regulate businesses, according to Russell Hancock, CEO of regional economic think tank Joint Venture Silicon Valley. More

August 26, 2020 - (CBS -KPIX) - Salesforce To Cut 1000 Jobs After Record Sales, Stock Surge: “This is actually not a sign that anything is wrong with Salesforce. In fact, just the opposite, salesforce is thriving as a company,” said President of Joint Venture Silicon Valley Russell Hancock. More

August 26, 2020 - (Silicon Valley Business Journal) - Returning to pre-Covid economy isn't good enough, Silicon Valley recovery panel says: "What the group came to realize is that the system is in equilibrium," said another panel member, Joint Venture Silicon Valley CEO Russell Hancock. "If you want something more than that, then you have to think differently.  More

August 26, 2020 - (Mercury News) - Coronavirus economy: Silicon Valley recovery plan sprouts - Joint Venture Silicon Valley president Russell Hancock, whose group played a key role in the meetings and report, said the longer-term goals are crucial to the endeavor’s success. More