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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 unemployment reaches record high

cover imageMay 22, 2020 – Joint Venture’s Institute for Regional Studies has released analysis comparing current unemployment rates against those from the last 20 years. The numbers reflect an unprecedented 11.6% unemployment rate surpassing even the post-dot com bust of 2009. Following the release of preliminary April 2020 labor market data from the California Employment Development Department (EDD), Joint Venture’s Institute compiled a chart that illustrates the upward trajectory for Santa Clara and San Mateo Counties, plus California and the United States.

Read the news release

Data Release: Bay Area consumer price index down for the first time since 2003

data release cover February – April decline influenced by fall in gasoline prices, apparel, dining out

May 15, 2020 – Joint Venture’s Institute for Regional Studies has compiled a summary of the San Francisco-Oakland-Hayward metro area consumer price index (CPI). Looking back to 1978, the two-month period percentage decline in the Index shows that the COVID-19 pandemic has brought about a decrease of 0.5 percent. No declines between April and February have occurred since 2003, and none of this magnitude since 1986.

Read the release

White Paper: Joint Venture shows how to beat 5G energy gap

May 25, 2020 - Joint Venture’s Civic Technologies Initiative has released a white paper in partnership with the IEEE's Future Networks Initiative. Co-authored by David Witkowski, executive director of the Initiative, the paper explores the "5G and Beyond Deployment Challenge," and provides perspectives, both public and private. It also begins to examine ways to ensure that all stakeholder perspectives are communicated and understood, alerts the wireless industry to the tactical challenges of deployment in and around the public right-of-way, and highlights the needs of local governments as they seek to manage the complexities of telecommunications deployment.  

Read the paper

Joint Venture's Talent Partnership Matching Volunteers to COVID-19 Projects

Joint Venture's Silicon Valley Talent Partnership (SVTP) connects nonprofits with skilled volunteers May 25, 2020 - Joint Venture's Silicon Valley Talent Partnership (SVTP) is helping nonprofits quickly find skilled voluteers to weather the COVID-19 crisis. With a large pool of pro bono volunteers who are skilled and ready to roll up their sleeves, SVTP can match the right people to the right projects. Organizations in need of teachers, project managers, tech support, and many other services can contact SVTP for more information.

Contact SVTP

Support Neighbors During the COVID-19 Crisis

heart over mapMay 25, 2020 - Joint Venture encourages individuals and corporations to support the Regional Response Fund through the Silicon Valley Community Foundation. The Fund supports lead relief organizations across ten Bay Area counties. In Santa Clara County funds will support Destination Home, for rapid aid for those at risk of homelessness. In San Mateo County funds will support several core agencies for housing, mortgage and rent aid, and utility assistance. Also find a list of regional resources provided by Joint Venture and updated regularly. Need Volunteers? Joint Venture's SVTP can connect organizations to skilled, pro bono talent. 

Donate

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:

Paypal logo McKinsey & Company logo San Jose Water 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.

2018 Performers

Buchser Middle School Jazz Band

Santa Clara | Director: David Anderson

Buchser Jazz BandThe Award-Winning Buchser Jazz Band comprises 50 students in the 6th, 7th, & 8th grade who study music under their director and music teacher, Mr. David Ladd Anderson, (Mr. A) at Buchser Middle School in Santa Clara, California. The band has continuously received the highest marks at every Jazz Festival that they have entered in the past 20 years. The Buchser Jazz Band performs Big Band Jazz, Blues, Pop, Swing, and Latin-Jazz music at a very high level. More than 100 of the band's alumni are studying music, teaching music, and playing music as professionals. Buchser Alumni are playing in the "Tonight Show Band," Smokey Robinson's Band, Carlos Santana's Band, and many college, high school, and professional bands and combos around the country.

Learn more about Buchser Middle School Jazz Band.

Mariachi Tradicional of Alum Rock Union Elementary School District

Alum Rock

Mariachi Tradicional group photoThe Mariachi Tradicional was formed in 2002 with the goal of motivating the most advanced students in the Alum Rock Union Elementary School District’s award winning Ethnomusicology - Mariachi Program. Class levels range from 3rd to 8th grade. The majority of the students accepted into this advanced performance group have mastered at least two instruments, have excelled in stage and vocal training and can also sight-read at an advanced level. Mariachi Tradicional has performed throughout the Bay Area representing the Alum Rock Union Elementary School District and its community in the east side of San Jose, CA.

Learn more about Mariachi Tradicional.

 

In The News

May 28, 2020 - (New York Times) - C.D.C. Recommends Sweeping Changes to American Offices: “Companies, surprisingly, don’t want to go back to work,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley, a nonprofit think tank that studies the region. More

May 27, 2020 - (Palo Alto Online) - Interactive: A by-the-numbers look at the COVID-19 pandemic's impact on daily life - ...at least 8,560 service employees at risk of losing their jobs in coming months, according to an April consumer spending report from the Joint Venture Silicon Valley’s Institute for Regional Studies. More

May 26, 2020 - (KQED) - Bay Area Housing: Will Remote Work and COVID-19 Affect SF Rent? Despite the recent outflow of high-salaried, telecommuting workers from the Bay Area, local housing economist Issi Romem is quick to deflate the idea that the San Francisco residential rental market is likely to soften More

May 22, 2020 - (LA Times) - California’s unemployment rate leaps to 15.5% as 2.3 million jobs vanish: “We’ve just never seen numbers like this before,” said Rachel Massaro, research director at the Silicon Valley Institute for Regional Studies. More

May 22, 2020 - (San Jose Spotlight) - Amid ‘unprecedented’ unemployment numbers, Silicon Valley feels blow slightly softer: ...hiring is down by more than25 percent in the region, according to data by Joint Venture Silicon Valley’s Institute for Regional Studies. More

May 22, 2020 (San Jose Spotlight) - Small businesses feel the brunt of shutdown in Silicon Valley and beyond: But data from Joint Venture Silicon Valley’s Institute for Regional Studies shows that the Bay Area’s restaurant sales dropped by 25 percent in late April compared to the same period in 2019. More

May 20, 2020 - (KPIX TV5) - North Carolina Mounts Campaign To Lure Tesla Away From Bay Area: Joint Venture Silicon Valley CEO Russell Hancock says from an operational standpoint, it would not be in Tesla’s interests to relocate. More

May 19, 2020 - (SFGATE) - Santa Clara Co.: Major Layoffs In Silicon Valley Hit Team San Jose, Goodwill And Car Dealers: A report released recently by Joint Venture Silicon Valley, a regional research organization, compiled nearly a year's worth of information from the EDD, showing a massive uptick in layoffs in the past two months across dozens of industries. More 

May 19, 2020 - (New York Times) - Twitter Could End the Office as We Know It: Joint Venture Distinguished Fellow, Dr. Margaret O'Mara posits that, "For an industry that thrives on disruption, this might be its most disruptive move yet." More

May 18, 2020 - (Washington Post) - Big Tech was first to send workers home. Now it’s in no rush to bring them back: “They’ve had a ripple effect on how other industries and sectors understand what a white collar workplace should look like if you want to attract the best talent,” said Margaret O’Mara, a professor of history at University of Washington [and Distinguished Fellow at Joint Venture Silicon Valley. More

May 14, 2020 - (San Jose Spotlight) - Major layoffs in Silicon Valley hit Team San Jose, Goodwill and car dealers: A report released last week by Joint Venture Silicon Valley, a regional research organization, compiled nearly a year’s worth of information from the EDD, showing a massive uptick in layoffs in the past two months... More

May 14, 2020 - (KQED) - Should Venture Capital-Backed Startups Get Federal Stimulus Money? "There are going to be winners and losers. The startup environment has always been like that," said Rachel Massaro, vice president and director of research of the nonprofit Joint Venture Silicon Valley. More

May 14, 2020 - (KQED) - Bay Area Housing Post-Pandemic: What’s in Store? Issi Romem, economist and founder of MetroSight, and affiliated researcher at the Silicon Valley Institute for Regional Studies: A lot of people kind of presume prices are going to fall now... More

May 14, 2020 - (KQED) - Bay Area Housing Post-Pandemic: What’s in Store? Margaret O’Mara, history professor at the University of Washington and [Distinguished Fellow] at the Silicon Valley Institute for Regional Studies: The Bay Area is a resilient economy. More