Current News Coverage
September 4, 2026 - (NBC Bay Area) - Interest Rates Might Not Go Down Yet. Here's Why – "It's ag-tech, ed-tech, fin-tech, and health-tech," said Russell Hancock, Joint Venture CEO. "All of these sectors are utilizing tech and creating jobs. Meanwhile, the tech sector is eliminating jobs." More.
September 3, 2026 - (Liberty Nation News) - DEI Gets the America First Treatment - India-born employees account for 23 percent and China-born for 18 percent – together outnumbering U.S.-born workers at just 34 percent, according to a 2025 Joint Venture Silicon Valley report. More.
September 2, 2026 - (Journalarta) - Trump Admnistration Revives Plans to End Work Permits - "Many techies are married, so they have to make plans for their spouses," Russell Hancock told the Mercury News.. More.
September 1, 2026 - (New York Post) - The "Progressive" Movement Rebels Against the Tech Oligarchs - “Silicon Valley, once a bastion of upward mobility, has become increasingly unequal, according to a recent report by Joint Venture Silicon Valley. More.
August 31, 2026 - (San Jose Mercury News) - H-1B Visa: Trump Administration Proposes New Rule For Visa-Holders' Spouses - “Many techies are married, and in Silicon Valley you can't make it on a single income,” said Russell Hancock, CEO of think tank Joint Venture Silicon Valley. More.
August 24, 2026 - (California Globe) - Trump Administration Proposes $`03,265 H-1B Fee - India-born employees account for 23 percent and China-born for 18 percent–together outnumbering U.S.-born workers at just 34 percent, according to a 2025 Joint Venture Silicon Valley report. More.
August 21, 2026 - (San Jose Mercury News) - Bay Area adds 2,300 jobs even as tech sector sheds 4,400 - “Our Silicon Valley engine isn’t generating the same type of explosive job growth that we have seen with previous waves of innovation,” said Russell Hancock, president of Joint Venture Silicon Valley. More.
August 18, 2026 - (Washington Post) - When a Silicon Valley Worker on an H-1B Visa Loses a Job.- In Silicon Valley, that reality is regional, not abstract. The Joint Venture 2026 Silicon Valley Index reports that 40% of the region’s residents are foreign-born. More.
August 17, 2026 - (San Jose Spotlight) - A Layoff Shouldn't Uproot a Silicon Valley Family- The Joint Venture 2026 Silicon Valley Index reports that 40% of the region’s residents are foreign-born. Visa holders have spouses, children in local schools, leases or mortgages and deep ties to neighborhoods. More.
August 16, 2026 - (KCBS Radio) - Silicon Valley Holding Steady When It Comes to Job Gains - "We have a very hot enging right now," said Russell Hancock, CEO and president of Joint Venture Silicon Valley. It is at as high a pace and as fast a clip as we have ever seen. More.
August 16, 2026 - (KCBS Radio) - It's Not Just AI That is Exploding in Silicon Valley - "I'm also talking about other objective measures like patents, venture capital formation, valuations, and start-up activity," said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More.
August 12, 2026 - (San Jose Spotlight) - Silicon Valley Tech Layoffs - Russell Hancock, CEO and president of Joint Venture Silicon Valley, described the current economy as a “paradox.” "The engine is hot, but it's not translating into job growth. More.
August 11, 2026 - (Palo Alto Online) - Tech Layoffs in 2026 Already Nearing 2025 Total - The layoffs are on pace to be the worst in the tech industry since 2023,. according to Joint Venture Silicon Valley. The analysis was conducted by Danny Wessler, a senior researcher at the think tank. More.
August 6, 2026 - (Silicon Valley Business Journal) - Structures Forum Set as Commercial Property Sector Eyes New Era - Joint Venture Silicon Valley CEO Russell Hancock was the keynote speaker at SVBJ's Workforce Development event in 2024. More.
August 4, 2026 - (Spectrum) - OpenAI Settles Worker Discrimination Case - According to the 2025 Silicon Valley Index from the Joint Venture Silicon Valley think tank, 65% of technology workers in the San Francisco Bay Area tech hub are foreign born. More.
July 24, 2026 - (Silicon Valley Business Journal) - Silicon Valley Posts Weakest Home-Price Growth Amid Layoffs - Russell Hancock, president and CEO of regional think tank Joint Venture Silicon Valley, said the price declines stand out after years in which the region’s housing market appeared to defy gravity. More.
July 24, 2026 - (Yahoo! News) - OpenAI Models Hack Company - Every new technology has its perils and its pitfalls, and every new technology has to be refined, and that seems to be what's going on here, Joint Venture Silicon Valley CEO Russell Hancock said.” More.
July 23, 2026 - (San Jose Mercury News) - OpenAI Models Break Out of Test Environment - Russell Hancock, CEO of think tank Joint Venture Silicon Valley, said his first reaction upon learning of the breach was, “Oh my gosh, this is it, we’re doomed.” More.
July 21, 2026 - (San Jose Mercury News) - Google Renews Leases for Millions of Square Feet - “Google could easily build out capacity and hire anywhere they choose, including places like North Carolina or Texas or Miami,” said Russell Hancock, president of Joint Venture Silicon Valley. More.
July 17, 2026 - (San Jose Mercury News) - Bay Area and California Lost Jobs in June - We’re in a period of slow growth or no growth, and even shrinking,” said Russell Hancock, president of Joint Venture Silicon Valley. More.
July 6, 2026 - (San Jose Mercury News) - Commercial Real Estate Woes Weight on Santa Clara Property Values - Russell Hancock, president of Joint Venture Silicon Valley, said ongoing growth is a hopeful sign. Still, some unpleasant times may loom for entities depending on property tax revenue.. More.
June 24, 2026 - (Local News Matters) - Silicon Valley Office Market Shows Signs of Life - Joint Venture CEO Russell Hancock said the region’s empty offices are a symptom of another puzzling economic trend: a slowdown in hiring even as tech has achieved massive profitability. More.
June 22, 2026 - (San Jose Spotlight) - Silicon Valley Office Market Still Shaky, Despite Gains - The work from home shift doesn’t appear to be the largest impediment to filling office vacancies, Joint Venture Silicon Valley President and CEO Russell Hancock said. More.
June 19, 2026 - (San Jose Mercury News) - South Bay Growth Drives State Employment Gains - There is increasing demand at the high end for engineers, architects, people who do massive computational processing, big data, the labor going into data centers, and more,” said Russell Hancock, president of Joint Venture Silicon Valley. More.
June 11, 2026 - (San Jose Mercury News) - Apple Buys Sunnyvale Office Building - “Apple is very committed to being here,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank. More.
June 6, 2026 - (San Jose Mercury News) - World Cup Rental Demand Rises in Bay Area - “The World Cup will provide a nifty economic boost,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank."But the greater benefit is the opportunity to showcase the region to a world audience." More.
June 1, 2026 - (Berkeleyside) - Berkeley Tech Workers Can't Afford to Stay - Research from Joint Venture Silicon Valley provides statistical confirmation of personal experience. "All these things have implications for community," said CEO Russell Hancock. More.
May 29, 2026 - (KPIX) - Menlo Park Feeling the Impact of Meta Layoffs - These cuts are different from previous layoffs, say industry experts like Joint Venture Silicon Valley CEO Russell Hancock. "We're eliminating jobs at the high end of the value chain." More.
May 29, 2026 - (Eastleigh Voice) - Meta to Cut Over 2,00) Jobs as AI Shift Accelerates - “It’s their new mantra, watchword, their new corporate strategy,” said Russell Hancock, CEO of Joint Venture Silicon Valley, in a comment to the media. More.
May 29, 2026 - (NBC Bay Area) - Meta to Slash More Bay Area Jobs - "I think it's a sign that Meta is deadly serious about AI," Joint Venture Silicon Valley CEO Russell Hancock said.” More.
May 27, 2026 - (KQED) - Even Tech Workers Can't Afford to Stay - It distills to a few key points,” said Russell Hancock, President of Joint Venture Silicon Valley, at the annual State of the Valley conference. “We have a very hot economy. It’s creating a lot of wealth. It’s not creating as many jobs. And our housing is too expensive.” More.
May 22, 2026 - (San Jose Mercury News) - Bay Area, California Both Lose Jobs - “The take-away here is that we’re basically sitting on a plateau,” said Russell Hancock of Joint Venture Silicon Valley. “We’ve been on that plateau since the pandemic, which is starting to feel like a long time ago.” More.
May 21, 2026 - (RealClear Investigations) - The Replacements: How US Helps Foreign Workers - A remarkable two-thirds of the Valley’s nearly 400,000 tech jobs are now held by those born abroad, according to a 2025 report from think tank Joint Venture Silicon Valley. More.
May 19, 2026 - (NBC Bay Area) - Silicon Valley Tech Companies Announce Thousands of Layoffs - We're on the cusp of a fundamental restructuring," Joint Venture Silicon Valley CEO Russell Hancock said. More.
May 14, 2026 - (San Jose Mercury News) - Google's Downtown West is Paused. It's $1 Billion Bet on San Jose is Not - Russell Hancock, president of Joint Venture Silicon Valley, said Google’s activity suggests several things at once. More.
May 12, 2026 - (San Jose Mercury News) - Bay Area Inflation Hits Two-Year High - “This is more bad news for the Bay Area, America’s high-cost leader,” said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. More.
May 7, 2026 - (The Almanac) - Meta Halts $3.5 Billion Project - Meta is locked in a cutthroat competition as Silicon Valley companies push forward on artificial intelligence, said Russell Hancock, president and CEO of regional think tank Joint Venture Silicon Valley. More.
May 6, 2026 - (Daily Kos) - Why Isn't Mahan at the Top of the California Polls? - “A 2025 Joint Venture Silicon Valley Poll showed growing optimism in San Jose’s county—47% of residents say the region is on the “right track." More.
/May 5, 2026 - (NBC Bay Area) - Bay Area Hit With Higher Gas Prices - “We're a region full of people who are squeezed and don't have disposable income because of our high housing prices," said Joint Venture Silicon Valley CEO Russell Hancock. More.
May 3, 2026 - (Wall Street Journal) - These Are the Hiring Spots Where College Grads Are Landing Good Jobs - “AI is likely fueling some of that hiring, said Russell Hancock, president and chief executive of Joint Venture Silicon Valley." More.
May 1, 2026 - (San Jose Mercury News) - Bay Area Loses Jobs in March - “Hold onto your hats, people,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank. "It's about to get choppy." More.
April 28, 2026 - (Palo Alto Online) - Older Millennials Highest-Spending Home Buyers - More than half of homes were priced at $2 million or more, and 7% exceeded $5 million, according to a 2026 report from Joint Venture Silicon Valley More.
April 19, 2026 - (San Jose Spotlight) - High Gas Prices Gouge Silicon Valley - “Reducing disposable income has ripple effects throughout the economy,” Heidi Young, a senior researcher at Joint Venture and author of the gas prices report, told Spotlight. More.
April 17, 2026 - (San Jose Mercury News) - Bay Area Adds Jobs as California Shreds - “The headlines have been screaming layoffs,” said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. “The actual numbers tell a different story.” More.
April 17, 2026 - (Hong Kong Feng Show News) - Update on the Silicon Valley Index - “This is one of the most expensive places in the world,” said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. “Our housing is out of reach for all but a few.” More.
April 13, 2026 - (California Local) - Rising Gas Prices - Joint Venture Silicon Valley projects ripple effects across hospitals, restaurants and retail if prices hold. More.
April 10, 2026 - (Press Democrat) - Silicon Valley Economy Faces Strain Despite Growth, AI Boom, Venture Capital Surge - This, according to Joint Venture's 2026 Silicon Valley Index — a closely watched annual report that tracks trends across the region. More.
April 10, 2026 - (Silicon Valley Business Journal) - Rising Gas Prices Could Drain $1.1 Billion from Silicon Valley Households - Joint Venture said ripple effects of higher gas prices could include dampened business activity, job losses, and diminished public revenue. More.
April 9, 2026 - (FInancial News UK) - Silicon Valley's Exodus, Why Top Engineers Are Fleeing - 43 percent of Valley residents are planning to leave, according to a Joint Venture Silicon Valley poll. More.
April 9, 2026 - (San Jose Mercury News) - Silicon Valley Booming. So Why Does It Feel Like the System is Breaking? - “The Bay Area is a punishing place to live, which is causing stress for the economy,” said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. More.
April 7, 2026 - (KQED) - The Bay Area's Housing Crisis Began With Policy Choices Made 50 Years Ago - Rachel Massaro, vice president of Joint Venture Silicon Valley, a think tank that studies the region, said inequality is “escalating exponentially” in the area. More.
April 7, 2026 - (Hoodline) - Bay Area's High-Rent Whiplash - The Silicon Valley Index from Joint Venture Silicon Valley reports average tech wages near $189,000 and finds wealth is heavily concentrated; More.
April 6, 2026 - (San Jose Mercury News) - Bay Area Job Market Stronger Than First Though - “The numbers show that AI isn’t cannibalizing us, at least not so far,” said Russell Hancock, president of Joint Venture Silicon Valley. “They also show resilience.”More.
April 5, 2026 - (San Jose Mercury News) - Joint Venture CEO Russell Hancock: Bay Area Leaders Have Tools to Fix Housing (opinion editorial) - "If we can't make the region work for more people, then all our innovation will have missed the point." More.
April 3, 2026 - (NBC Bay Area) - US Added 178,000 Jobs in March - Joint Venture CEO Russell Hancock says tech and local government are continuing to lose jobs. "It's not ideal but it's good enough." More.
March 17, 2026 - (San Jose Spotlight) - Fighting for an Affordable San Jose - Most are struggling to get by. That was the stark finding of the recently-released Joint Venture Silicon Valley’s 2026 Silicon Valley Index. More.
March 12, 2026 - (San Jose Mercury News) - San Jose Bet Its Future on a Google Megacampus Downtown - “It was everything urbanists dream of,” said Russell Hancock, CEO of the think tank Joint Venture Silicon Valley. “It was jobs. It was housing. It was retail. It was fun." More.
March 11, 2026 - (San Jose Mercury News) - Inflation Slows in Bay Area But Food Costs Keep Rising - "Twenty is the new 10," said Russell Hancock, president of Joint Venture Siicon Valley. "People used to pull out a $10 bill to pay for something. Now you have to pull out a twenty." More.
March 4, 2026 - (Palo Alto Online) - Distrust of Tech Drives Populist Fervor in Silicon Valley - Data from the Silicon Valley Index, a highly regarded annual report composed by the think tank Joint Venture Silicon Valley, supports strikingly different stories about this region. More.
March 1, 2026 - (National Today) - Silicon Valley's Wealth Divide Widens - A new report from Joint Venture Silicon Valley finds that as the region generates unprecedented wealth, economic gains are increasingly tied to investments owned disproportionately by the more affluent residents. More.
March 1, 2026 - (Palo Alto Online) - It's Electrifying - According to the Silicon Valley Index, greenhouse gas emissions in Silicon Valley declined an estimated 29% between 2019 and 2025, largely due to cleaner electricity generation. More.
March 1, 2026 - (SFGate) - Tech Economy Hotter Than Ever But Many Left Behind - "Silicon Valley's innovation engine is as hot as ever," Russell Hancock, president of Joint Venture Silicon Valley, said in a call with reporters Wednesday. "But the highest skill jobs are the ones located here." More.
March 1, 2026 - (San Jose Mercury News) - AI Could Reshape 410,000 Local Jobs. Who Benefits and Who Doesn't? - 410k jobs in the region include tasks artificial intelligence can perform, according to the latest Silicon Valley Index, the annual report produced by think tank Joint Venture Silicon Valley. More.
March 1, 2026 - (San Jose Mercury News) - Silicon Valley's Town Hall. - That’s also true of the annual State of the Valley conference, held Friday morning at San Jose State, which is one of the top networking events on the calendar. More.
February 28, 2026 - (San Jose Spotlight) - Silicon Valley Tech Economy is Hot But Not Everyone Benefits - That’s one key message from this year’s Silicon Valley Index, an in-depth annual report card for the region from local think tank Joint Venture Silicon Valley. More.
February 26, 2026 - (NBC Bay Area) - Widening Wealth Gaps in Silicon Valley. Richest 10 percent hold 75 percent of the wealth. Joint Venture Silicon Valley CEO Russell Hancock weighs in. More.
February 26, 2026 - (Silicon Valley Business Journal) - Silicon Valley Sits on Plateau - “There was the drop during the pandemic but by 2022 we were back,” Russell Hancock, president and CEO of Joint Venture, said. “But we’ve sat on that plateau for four years running.” More.
February 26, 2026 - (NBC Bay Area) - Widening Gap Between the Haves and Have-Nots - “We have the highest income and wealth gaps of anywhere on the planet, and that's fueled by tech," Joint Venture Silicon Valley CEO Russell Hancock said. More.
February 26, 2026 - (Detroit News) - Fewer Residents Share in Silicon Valley Wealth - “The ownership model created a pathway to wealth that we never imagined,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More.
February 26, 2026 - (San Jose Mercury News) - Here's Silicon Valley by the Numbers - The Silicon Valley Index—an annual report produced by Joint Venture Silicon Valley—shows a widening gap between those benefiting from investment-driven gains and those struggling. More.
February 25, 2026 - (Guam Daily Post) - Bay Area Tech Workers Lose Jobs - “It’s been four years already, so it sounds like an excuse," said Russell Hancock, Joint Venture Silicon Valley CEO. "But you have to realize they built new organizations and divisions for demand curves that didn’t pan out." More.
February 25, 2026 - (San Jose Mercury News) - Silicon Valley's Rich Get Richer - Joint Venture Silicon Valley, the nonprofit behind the report, attributed the asset imbalance in large part to the venture capital model the region helped pioneer. More.
February 22, 2026 - (KCBS) - Continuing Layoffs in Silicon Valley - "It has taken four years to dismantle the divisions that were built up during the pandemic" said Russell Hancock, Joint Venture Silicon Valley CEO. "Uncertainty out of Washington also contributes." Listen.
February 22, 2026 - (San Jose Mercury News) - Tech Workers Continue to Lose Jobs But Recovery in View - Joint Venture Silicon Valley’s Russell Hancock believes the Supreme Court decision that limited President Trump’s authority to impose emergency tariffs could buoy the tech industry by removing impediments. More.
February 22, 2026 - (KCBS) - Overhiring Drives Layoffs but Other Factors Still at Play - "Silicon Valley is also being buffeted about by external forces," said Joint Venture Silicon Valley CEO Russell Hancock. "Wars, international tension, punishing rates." Listen
February 7, 2026 - (San Jose Mercury News) - California Job Market Ranks Among the Weakest - We have been a major driver of job growth in California, but Silicon Valley has hit the pause button,” said Russell Hancock, president of Joint Venture Silicon Valley. More.
February 7, 2026 - (Daily Mail) - The Changing Face of Silicon Valley - A recently published report by Joint Venture Silicon Valley determined that last year it had the highest number of completed commercial real estate developments since 2021. More.
February 7, 2026 - (MSN) - California Among Weakest of the Weak - "Efficiency is the new watchword" said Russell Hancock, CEO and president of Joint Venture Silicon Valley. More.
February 1, 2026 - (San Jose Mercury News) - It Speaks Really Well for San Jose - Russell Hancock, who leads think tank Joint Venture Silicon Valley that addresses regional issues, acknowledged both Mahan and San Jose have a long road ahead. More.
February 1, 2026 - (Blanquivioletas) - Goodbye to Silicon Valley - Annually, Joint Venture Silicon Valley conducts a survey with the aim of measuring, in general terms, social opinion and the intention to leave the bay to live elsewhere. More.
January 27, 2026 - (San Jose Spotlight) - Santa Clara County Residents Consider Leaving - Joint Venture Silicon Valley’s annual survey found 40% of respondents in Santa Clara County said they are likely to leave in the next few years, a decline from recent years. More.
January 26, 2026 - (San Jose Mercury News) - California Ranks Among Worst States to Retire - Already, about 22% of Bay Area retirees reported struggling to pay bills, according to a 2025 poll by the Bay Area News Group and the think tank Joint Venture Silicon Valley. More.
January 23, 2026 - (Silicon Valley Business Journal) - Silicon Valley Residents Doubt Retirement Benefits as 'Silver Tsunami' Looms - Residents in the Bay Area are not feeling confident about retirement, and that sentiment cuts across income levels, according to a study from Joint Venture Silicon Valley. More.
January 23, 2026 - (San Jose Mercury News) - Bay Area Gains Jobs in December - “It’s nice to see our numbers tick upward but it’s too soon to be popping the corks,” said Russell Hancock, president of Joint Venture Silicon Valley.” More.
January 22, 2026 - (CPA Practice Advisor) - Billionaire Tax Proposal - “Silicon Valley’s an economy that mints millionaires and billionaires, and a lot of them,” observed Joint Venture CEO Russell Hancock. But, he added, “does it actually come back to haunt us?” More.
January 22, 2026 - (San Jose Mercury News) - Billionaire Tax Proposal Roils Bay Area - Russell Hancock, CEO of the think tank Joint Venture Silicon Valley, said that on first blush the proposal might seem a slam dunk. More.
January 18, 2026 - (Santa Rosa Press Democrat) - Still Waiting for Housing That's Affordable - A survey cosponsored by the Bay Area News Group and Joint Venture Silicon Valley found large numbers of Bay Area residents are forgoing medical care, childbirth and even marriage. More.
January 15, 2026 - (Santa Rosa Press Democrat) - Inflation Rate in Bay Area Rises at Fastest Pace in More than a Year - "It's more bad news for the Bay Area,” said Russell Hancock, president of San Jose-based think tank Joint Venture Silicon Valley. More.
January 14, 2026 - (San Jose Mercury News) - Inflation Rate Rises - “The amount of disposable income for Bay Area residents is much smaller in comparison to our counterparts around the country,” said Russell Hancock, Joint Venture Silicon Valley's CEO. “When the price of groceries goes up, people really feel it.” More.
January 13, 2026 - (San Jose Mercury News) - State of Abundance - Joint Venture Silicon Valley has announced that Derek Thompson, host of the “Plain English” podcast and co-author (with Ezra Klein) of “Abundance,” will be the keynote speaker at this year’s State of the Valley. More.
January 7, 2026 - (San Jose Mercury News) - Bay Area and California Rebound with Job Gains - “The Bay Area is a cocktail of multiple interacting forces, which is keeping our economy stationary right now,” said Russell Hancock, president of Joint Venture Silicon Valley. “There’s nothing wrong with that. It beats the alternative.” More.
January 6, 2026 - (Daily Journal) - San Mateo Economy is Stable - Since EDD released the August numbers, Russell Hancock, president and CEO of Joint Venture Silicon Valley, said it doesn’t seem like much has changed from an economic standpoint. More.
January 2, 2026 - (KCBS) - Optimism Grows in the Bay Area - The most recent Joint Venture Silicon Valley poll finds more bay area residents are planning to stay compared to recent years.
