Current News Coverage

June 24, 2022 - (Streets Blog) - BART Endorses Fare Integration, Ferry for Western Alameda: Seamless Bay Area...scored a major victory Thursday when the BART Board unanimously voted to endorse Senate Bill 917 More

June 20, 2022 - (San Jose Spotlight) - Inequity in Silicon Valley persists for people of color: “The data speaks for itself, and it says that we have profound disparities that are getting worse, not better,” Russell Hancock, CEO of Joint Venture Silicon Valley...More

June 17, 2022 - (Mercury News) - Bay Area, California both gain jobs in May, but slowdown intensifies: Companies are anxious to hire workers, but prospective employees aren’t necessarily rushing to apply for jobs, said Russell Hancock, president of Joint Venture Silicon Valley...More

June 17, 2022 - (Mountain View Voice) - I would like to support a new business tax: ...you were sent an analysis by Joint Venture Silicon Valley's research group comparing your proposed tax with those in neighboring cities. More

June 15, 2022 - (MarketWatch) - From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring - The market cap aggregate of about 300 publicly traded tech companies is at its lowest now...says Rachel Massaro, vice president of research at the Silicon Valley Institute for Regional Studies. More

June 15, 2022 - (Slash Gear) - Inside The End Of Silicon Valley's Dynasty: Joint Venture Silicon Valley and the Institute for Regional Studies (opens as a PDF) say Silicon Valley spans four counties, Santa Clara, San Mateo, Alameda, and Santa Cruz. More

June 12, 2022 - (KQED) - 'My Roots Are at the Flea Market': As La Pulga Closure Looms Over Vendors, One San José Family Weighs the Future: In 2021, only 32% of potential first-time home buyers could afford a median-priced home in Santa Clara County, according to an annual report from Joint Venture Silicon Valley...More

June 10, 2022 - (Pleasanton Weekly) - Embarcadero Media president announces retirement: He joined the newly formed Smart Valley, a nonprofit organization that was part of Joint Venture: Silicon Valley...More

June 7, 2022 - (San Jose Spotlight) - Milpitas official wants to cut City Council salaries, benefits: The top quarter of Silicon Valley earners account for 92% of the region’s wealth, according to a report by Joint Venture Silicon Valley. More

June 6, 2022 - (Tech Central) - A grim new reality sets in for US tech companies: “Everybody discovered that tech was not only nice, it was indispensable,” said Russell Hancock, CEO of Joint Venture Silicon Valley...More

June 4, 2022 - (Bloomberg) - ‘No Longer Sure Bets’: Tech Giants Are Dropping Bad News Daily. From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape... More

June 1, 2022 - (Tip Sale Tips) - Google and Twitter launch experiment on Silicon Valley work: “We’re in the midst of a change and it could be a sea change,” said Russell Hancock, CEO of the Silicon Valley Joint Venture think tank. More

May 20, 2022 - (KRON4) - Silicon Valley lease transactions are up as workers return to the office: According to the latest analysis from Joint Venture Silicon Valley’s Institute for Regional Studies, leasing volume in the region continued a steady trend in the first Q1 of 2022. More

May 20, 2022 - (San Jose Spotlight) -San Jose national quality of life ranking gives critics pause: Russell Hancock, CEO and president of Joint Venture Silicon Valley, said he thinks San Jose would rank high on most metrics...More

May 20, 2022 - (Mercury News) - Bay Area, California job gains slow as post-COVID rebound wilts: “The new hybrid models will reduce demand for space and associated services,” said Russell Hancock, president of Joint Venture Silicon Valley. More

May 19, 2022 - (StreetsBlog) - Update on Efforts to Integrate Transit: The bill, which is co-sponsored by Seamless Bay Area, Bay Area Council, TransForm, Silicon Valley Leadership Council, and Joint Venture Silicon Valley...More

May 16, 2022 - (Mercury News) - Post-COVID jobs recovery in Bay Area, California lags other states: “The Bay Area was far more cautious and conservative than other parts of the country,” said Russell Hancock, president of Joint Venture Silicon Valley...More

May 13, 2022 (Palo Alto Online) - Opinion: A Palo Alto business tax and the space-time continuum - According to Joint Venture Silicon Valley, the corporate wealth of Silicon Valley and San Francisco is $14 trillion. More

May 3, 2022 - (Mercury News) - Exodus: Bay Area, California population dropped in 2021 as people exited - “Huge percentages of those leaving aren’t departing the Bay Area,” said Russell Hancock, president of Joint Venture Silicon Valley...  More

May 2, 2022 - (Washington Post) - America Needs Elon Musk — to Sell Electric Cars: Analysts at Coltura, a nonprofit that is working to accelerate the transition from gasoline, calculate that the top 10% of drivers consume 32% of the gasoline...More 

May 1, 2022 - (KRON-4)) - Election 2022: District 4 Santa Clara County supervisor runs unopposed: Ellenberg sits on the boards of Joint Venture Silicon Valley and Silicon Valley Clean Energy. More

April 29, 2022 - (KPIX-5) - Airbnb Embracing Remote Workforce; Employees Allowed To Work And Live Anywhere: Think tank Joint Venture Silicon Valley says workplace flexibility is going to be the new norm. More

April 26, 2022 - (Inside Philanthropy) - A Tale of Two Valleys: Five Ways Philanthropy Can Change to Make Silicon Valley More Equitable - "...the rich kept getting richer while the poor became poorer," said Russell Hancock, CEO of Joint Venture Silicon Valley. More

April 18, 2022 - (San Jose Spotlight) - Silicon Valley unemployment drops as hospitality sees slow recovery: Russell Hancock, CEO of Joint Venture, told San José Spotlight spring weather and relaxing of some COVID-19 restrictions is creating more demand for services in leisure and hospitality. More

April 18, 2022 - (Migrationology) - Silicon Valley sees steady job growth: The unemployment in Silicon Valley dropped to 2.4% in March according to a report from Joint Venture Silicon Valley’s Institute for Regional Studies. More

April 18, 2022 - (Mercury News) - Silicon Valley’s COVID windfall raises alarms about region’s economy: “The big story of Silicon Valley’s pandemic years was money, money and more money,” said Margaret O’Mara, a University of Washington professor [and distinguished fellow at Joint Venture] More

April 18, 2022 - (KRON4) - Silicon Valley continues to add jobs: report - According to an analysis by Joint Venture’s Institute for Regional Studies, the employment rate in the region decreased to 2.4%, falling less than half of what it was a year ago. More

April 15, 2022 - (Mercury News) - Bay Area, California job gains slow down dramatically in March: Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank, said he doesn’t worry about the monthly fluctuations. More

April 15, 2022 - (San Francisco Chronicle) - Here’s where median incomes increased the most in the Bay Area during the last decade: “The top quarter of earners in Silicon Valley command 92% of the wealth,” said Russell Hancock, CEO of the nonprofit Joint Venture Silicon Valley...More

April 14, 2022 - (San Jose Spotlight) - A vision of seamless Bay Area transit gets another chance: Russell Hancock, president and CEO of Joint Venture, described how easy it was to travel by bus and train in Singapore and the Netherlands compared to San Francisco. More

April 13, 2022 - (ABC) - Effort underway to unify Bay Area's 27 transit operators as commuters return to work: To get the fragmented network of 27 Bay Area transit operators to work together to coordinate fares, schedules and service to improve passenger experience. More

April 8, 2022 - (StreetsBlog) - Seamless Bay Area, the folks who are trying to get the Bay Area’s 29 transit operators to play nice together with a unified fare structure, coordinated schedules, and free transfers, is recruiting people...for the upcoming Bay to Breaker’s run. More

April 3, 2022 - (The Silicon Insider) - Podcast: a Joint Venture Silicon Valley report detailing a market cap of $14 trillion for public Silicon Valley tech companies More

April 2, 2022 - (San Jose Spotlight) - Silicon Valley residents left in droves during pandemic: “One way to look at it is, ‘Oh my gosh, the sky is falling, people are leaving,’ but that’s not happening at all,” Russell Hancock, president and CEO of Joint Venture Silicon Valley More

March 28, 2022 - (San Jose Spotlight) - Silicon Valley unemployment declines but disparities increase: It’s good news that people are hiring and creating more jobs, according to Russell Hancock, Joint Venture president and CEO. More

March 25, 2022- (City of Santa Clara) - Special Earth Day Outdoor Storytime with Supervisor Susan Ellenberg: (Ellenberg) sits on the boards of Joint Venture Silicon Valley...More

March 25, 2022 - (Mercury News) - Bay Area, California rocket to big job gains in February, post-COVID rebound widens: “Spring has sprung,” said Russell Hancock, president of Joint Venture Silicon Valley. “Our economy’s strong underpinnings never went away, despite the pandemic.” More

March 23, 2022 - (Mercury News) - Opinion: How we can close the inequality gap in Silicon Valley - Joint Venture board co-chair Nicole Taylor reflects on where our giving needs to go. More

March 22, 2022 - (Mercury News) - ‘Class traitors’: Why rich Bay Area millennials are getting rid of their wealth - In Silicon Valley, the richest 25% of households control 92% of the region’s wealth, according to the Joint Venture Silicon Valley Index. More

March 19, 2022 - (Mercury News) - Sal Pizarro: The Kids Table, the third annual event hosted by Supervisor Susan Ellenberg celebrates champions for children; panel includes Quency Phillips, executive director of Joint Venture Silicon Valley’s Building Back Better... More

March 18, 2022 - (MSN) - Silicon Valley records slight rise in unemployment rate: "The recent easing of restrictions in Silicon Valley will likely mean the gradual increase in employment for restaurants, retail establishments, and other indoor places..." said Ryan Young, affiliated researcher at the Institute. More

March 18, 2022 - (News Break) - Silicon Valley records slight rise in unemployment rate to start 2022: According to Joint Venture’s Institute for Regional Studies — the decline represents more than half of the job gains...More

March 18, 2022 - (Palo Alto Online) - COVID brings uneven changes to Silicon Valley workplaces: Joint Venture Silicon Valley released its annual "Silicon Valley Index," which tracks trends in employment, population and education. More

March 17, 2022- (KRON-4) - Silicon Valley records slight rise in unemployment rate to start 2022: According to an analysis by Joint Venture Silicon Valley, the decline represents more than half of the job gains experienced between mid-October and mid-December of last year. More

March 17, 2022 - (Gilroy Dispatch) - South County unemployment rate grows slightly: Employers in Silicon Valley cut nearly 13,400 workers between mid-December and mid-January, according to Joint Venture Silicon Valley. More

March 14, 2022 - (San Jose Inside) - Silicon Valley Unemployment Rate Increase in January Tied to Covid Cases: According to Joint Venture Silicon Valley, this represents job growth of 13.5% over that nine-month period. More

March 13, 2022 - (NBC) - Silicon Valley Unemployment Rate on the Rise: Employers in Silicon Valley cut nearly 13,400 workers between mid-December and mid-January, according to Joint Venture Silicon Valley. More

March 7, 2022 - (Mercury News) - Google and Twitter reopenings launch grand experiment on the future of Silicon Valley work: “We’re in the midst of a change and it could be a sea change,” said Russell Hancock, CEO of think tank Joint Venture Silicon Valley. More

March 3, 2022 - (San Jose Spotlight)According to a recent report from Joint Venture Silicon Valley, more than 45% of children in the county—244,000 kids—live in households that don’t earn enough money to cover basic needs. More

March 3, 2022 - (USA Today) - 'It could happen tomorrow': Experts know disaster upon disaster looms for West Coast - The HayWired Scenario [a cooperative project with Joint Venture] is a detailed look at the cascading calamities that will occur when a major earthquake strikes the Bay Area's Hayward Fault. More

March 2, 2022 - (Morgan Hill Times) - Guest view: Study finds homeownership builds equity - A recent study on Homeownership in Silicon Valley conducted by the Joint Venture Silicon Valley Institute for regional studies...More

February 18, 2022- (Silicon Valley Business Journal) - Podcast: Joint Venture Silicon Valley came out this week with its annual report on the state of the Valley. Wow! More

February 18, 2022 - (San Jose Spotlight) - Silicon Valley’s equity grade is below flunking: Officials from Joint Venture Silicon Valley highlighted bleak findings on Friday, when it released its report at the annual State of the Valley conference. More

February 18, 2022 - (Time News) - Silicon Valley’s population decline is the highest since the dot-com crash: ...the population of the area...has declined for the first time in more than a decade, said Joint Venture Silicon Valley CEO Russell Hancock. More

February 18, 2022 - (News Break) - Silicon Valley’s equity grade is below flunking: The 2022 Silicon Valley Index found that while jobs are back to pre-pandemic levels in the region, income inequality widened, inflation skyrocketed and housing prices soared. More

February 18, 2022 - (Honest Columnist) - Silicon Valley’s population shrank in 2021 unlike any time since the dot-com bust, but it wasn’t just because people left: The net effect was that “Silicon Valley’s population has declined for the first time in more than a dozen years,” said Russell Hancock, CEO of Joint Venture Silicon Valley...More

February 18, 2022 - (Local News Matters) - Silicon Valley wealth gap widens amid tech gains while other sectors stagnate: Shocking wealth disparity is one of the most significant trends described by Russell Hancock, CEO of Joint Venture... More

February 17, 2022 - (KALW) - Report says wealth gap widening in Silicon Valley: Joint Venture Silicon Valley, will soon release the full data in their annual Silicon Valley Index report– including data on last year's economic trends. More

February 17, 2022 - (Silicon Valley Business Journal) - THE VALLEY TAKES OFF — BUT LEAVES MANY BEHIND: The latest Silicon Valley Index depicts a region in the midst of an economic boom — but one that leaves the most vulnerable residents further behind and has prompted others to leave. More

February 17, 2022 - (Market Watch) - Silicon Valley’s population shrank in 2021 unlike any time since the dot-com bust, but it wasn’t just because people left: “Silicon Valley’s population has declined for the first time in more than a dozen years,” Russell Hancock, chief executive of Joint Venture Silicon Valley, said this week in a news briefing... More

February 16, 2022 - (KRON) - Silicon Valley's income inequality continues to grow (video): Ahead of Joint Venture Silicon Valley's annual Silicon Valley Index, officials released some of its latest findings that show the region's employment...More

February 16, 2022 - (NBC) - Silicon Valley’s income inequality continues to grow: Ahead of Joint Venture Silicon Valley’s annual Silicon Valley Index, officials released some of its latest findings...More

February 15, 2022 - (Greely Tribune) - Strong boom in Silicon Valley job market, inflation rises: “We have recovered,” said Russell Hancock, president of Joint Venture Silicon Valley, a think tank. More

February 15, 2022 -  (ABC7) Silicon Valley #tech giants have grown, adding jobs during the #pandemic. Yet the Valley has lost population, has seen an exodus & has seen its wealth gap widen. See where people are moving. @JointVentureSVN released its annual report card Tuesday. #abc7now  More

February 15, 2022 - (San Jose Spotlight) - Report warns of worsening wealth gap in Silicon Valley: Joint Venture Silicon Valley, a group that analyzes regional issues affecting the economy and quality of life, highlighted these bleak findings and more at a Tuesday news briefing... More

February 15, 2022 - (CNET) - In Silicon Valley, big tech gets bigger but leaves many behind: Tech industry employment in the region, which had steadily stood at about 25% for years, has risen to 29%, according to the 2022 Silicon Valley Index More

February 15, 2022 - (San Francisco Chronicle) - New report shows Silicon Valley’s huge wealth gap: 25% of population holds 90% of wealth: Wealth disparities and out migration increased across Silicon Valley last year...according to an annual report from nonprofit Joint Venture Silicon Valley. More

February 15, 2022 - (Silicon Valley) - Silicon Valley job market bounces back strongly, inflation soars: report: The latest reading on the economy in Silicon Valley... was released on Tuesday by Joint Venture Silicon Valley as part of its 2022 Silicon Valley Index report. More

February 13, 2022 - (Aptos Times) - PLANNING AHEAD FOR THE 3G SHUTDOWN: Witkowski serves as executive director of the Wireless Communications Initiative at Joint Venture Silicon Valley... More

February 11, 2022 - (The Almanac) - Joint Venture Silicon Valley hosts conference:  The event includes a panel that will discuss Joint Venture's annual Silicon Valley Index, a data-driven analysis report of the region's economy. More

February 4, 2022 - (Aviation Today) -PODCAST: IEEE’s David Witkowski [executive director of Joint Venture's civic technologies initiatives] Talks 5G C-Band and Aircraft Radio Altimeter Interference - Witkowski provides some perspective as to why the deployment of 5G C-Band services should not be a major concern for airlines...More

February 3, 2020 - (Cupertino Today) - Silicon Valley’s unemployment rate nears pre-pandemic level: A report released in Oct. 2021 by Joint Venture Silicon Valley showed the greater Silicon Valley employment levels between Aug. and Sept. grew most notably in Leisure and Hospitality... More

February 1, 2022 - (KPIX - CBS) - Bay Area Tech Shuttle Buses Returning After Disappearing During Pandemic: “Before the pandemic, people thought that work had to take place in an office,” said Joint Venture Silicon Valley CEO Russell Hancock. More

January 28, 2022 - (Mercury News) - Q&A: Russell Hancock on Silicon Valley’s economy and COVID rebound: Russell Hancock, president of Joint Venture Silicon Valley, is keeping a close eye on the Bay Area’s economy...More

January 25, 2022 - (NBC) - Silicon Valley's Unemployment Rate on Par With Rate Before Pandemic: Silicon Valley's unemployment rate as of the middle of last month was on par with the rate just before the start of the COVID-19 pandemic in the Bay Area, according to Joint Venture Silicon Valley's Institute for Regional Studies. More

January 13, 2022 - (Mercury News) - New format for Silicon Valley's town hall: the highlight of the three-hour program may be the keynote by Eugene Robinson, the Pulitzer Prize-winning columnist  for the Washington Post. More

January 12, 2022 - (Epoch Times) - Chaos in San Francisco Is Catalyst for New Business Helping Residents to Leave: Respondents to the Joint Venture Silicon Valley survey are split on the overall direction of Silicon Valley and the greater Bay Area More

January 9, 2021 - (SFIST) - LA & SF Moves Drove CA’s Second Ever Decline in Year-to-Year Population, State Officials Announce: This is supported by Joint Venture’s 2021 Silicon Valley Poll, where "76% of respondents identify the cost of housing as the most serious problem in the Bay Area." More

January 7, 2022 - (California News Times) - Job experts predict omicron will trigger waves of resignations soon, leading to inflation: Dr. Russell Hancock, President and Chief Executive Officer of Joint Venture Silicon Valley, said... More

January 7, 2022 - (ABC7) - Job experts forecast 2 more waves of resignations soon, triggered by omicron: "It has occasioned a lot of thought, introspection and new approaches to people as they think about not only their jobs, but their core values," said Russell Hancock Ph.D., president & CEO of Joint Venture Silicon Valley. More

January 4, 2022 - (KPIX) - Guilty Verdicts for Elizabeth Holmes Could Impact Other Silicon Valley Start-Ups: "...This has been Silicon Valley on trial,” said Joint Venture Silicon Valley President and CEO Russell Hancock. More

January 3, 2022 - (KPIX) - Elizabeth Holmes Found Guilty Of Conspiracy To Defraud Investors: “It’s a straight up case of fraud,” said Silicon Valley Joint Venture President and CEO Russell Hancock. More

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