Data Release: Unemployment (May 2023)
May 19, 2023 – The unemployment rate in Silicon Valley decreased month-to-month to 2.8% in April for the first time in 2023, following a slight increase from mid-February to mid-March.
The Silicon Valley Institute for Regional Studies is the research arm of Joint Venture Silicon Valley, and is housed within the organization. Research topics focus on economic and community health issues within Silicon Valley and the greater Bay Area, as well as on broader regional issues. Learn more.
May 19, 2023 – The unemployment rate in Silicon Valley decreased month-to-month to 2.8% in April for the first time in 2023, following a slight increase from mid-February to mid-March.
Q1 2023 - New efficiencies at Silicon Valley companies are resulting in additional space available for sublease, according to the First Quarter Commercial Space Report from the Institute for Regional Studies.
April 21, 2023 – The unemployment rate in Silicon Valley increased slightly in March to 3.1%. The highest since January of 2022, when it sat at 3.2%. San Mateo County has maintained the lowest rate since February.
March 28, 2023 – The unemployment rate in Silicon Valley increased again in February to 3.0%, following a rise of 0.9 percentage points from mid-December 2022 to mid-January 2023, according to analysis by Joint Venture Silicon Valley’s Institute for Regional Studies.
February 15, 2023 - 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. The Index shows that population declined by tens of thousands, home prices rose by 7%, childcare costs rose twice as quickly as inflation, and wages were inadequate for the rising cost of living. “We see hundreds of thousands of meals required of our region’s food bank, and childcare cost rising twice as quickly as everything else,” said Rachel Massaro, Director of Research for the Institute.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
January 20, 2023 – The unemployment rate in Silicon Valley decreased in December to 2.0%, the largest drop in the unemployment rate since the period from March to April 2022.
December 16, 2022 – The unemployment rate in the Silicon Valley increased to 2.3% in November, returning to the level last recorded in August of this year, according to analysis by Joint Venture’s Institute for Regional Studies.
December 12, 2022 – Joint Venture’s research arm, the Silicon Valley Institute for Regional Studies released this research brief in partnership with Second Harvest of Silicon Valley and with Joint Venture’s Food Recovery Initiative. Entitled, Food Needs Terminology: History, Usage, and Limitations, 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.
Q3 2022 - Silicon Valley’s commercial space indicators reveal that companies are adjusting to new expectations around remote work. The latest analysis from Joint Venture’s Institute for Regional Studies shows that, despite increased vacancy rates, the total number of leases still surpassed last year’s totals.
November 18, 2022 – The unemployment rate in Silicon Valley held firm at 2.1% in October, identical to the rate in September. Overall employment in the region increased by nearly 1,500 workers, while the number of unemployed people decreased by just over 600.
October 21, 2022 – The unemployment rate in the Silicon Valley region decreased to 2.1% in September, which is 0.2 percentage points below the rate in August and equals the unemployment rate in July. Overall employment in the region increased by just over 1,000 workers.
September 2022 – 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.
October 4, 2022 – According to the 2022 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.
September 16, 2022 – Silicon Valley’s unemployment rate grew slightly to 2.3% in August, a 0.2 percentage point increase from July.
Q2 2022 - Through the first half of 2022, Silicon Valley’s commercial space indicators paint a complex picture through diverging trends, according to the latest analysis from Joint Venture Silicon Valley’s Institute for Regional Studies, in partnership with JLL Silicon Valley.
August 22, 2022 – The unemployment rate in Silicon Valley decreased to 2.1% in July, which was just below June by 0.1 percentage points.
July 25, 2022 – The unemployment rate in the Silicon Valley region increased to 2.2% in June, which was higher than the rate in both April and May.
June 17, 2022 – The unemployment rate in the Silicon Valley region decreased to 1.8% in May, lower than any other month over the past three decades.
May 20, 2022 - The unemployment rate in the Silicon Valley region decreased to 2.05%, slightly above the previous low of 1.97% in December 1999.
Q1 2022 - Released quarterly in partnership with JLL, the Q1 2022 report noted Silicon Valley’s largest tech companies may have overcome pandemic-related setbacks in their return-to-office planning.
April 15, 2022 - The unemployment rate in the Silicon Valley region decreased to 2.4%, falling to less than half of what it was a year ago (5.6% in March 2021).
March 25, 2022 - The unemployment rate in the Silicon Valley region decreased to 2.8%, below the 2.9% unemployment rate in March 2020.
March 11, 2022 - The unemployment rate in Silicon Valley increased to 3.2% in January 2022 due in part to a drop in seasonal employment and the significant spike in COVID cases.
February 15, 2022 - An incongruous set of contradictions are still a common theme in Silicon Valley, according to the 2022 Silicon Valley Index, released by Joint Venture’s Institute for Regional Studies. Employment rebounded to pre-pandemic numbers and tech jobs went up 4%. VC hit new records, start-ups were brisk, and there were more IPOs than in any other year this century. Yet, health and wealth disparities were stratified by race and ethnicity.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
January 21, 2022 - The employment rate in the Silicon Valley region is now on par with mid-March 2020, just prior to shelter-in-place orders for the Bay Area. Silicon Valley employers added more than 10,300 workers between mid-November and mid-December and the unemployment rate dropped to 2.9%, according to analysis by Joint Venture’s Institute for Regional Studies.
December 17, 2021 – Silicon Valley employers added nearly 13,000 workers between mid-October and mid-November, while the unemployment rate dropped to 3.1%, according to analysis by Joint Venture’s Institute for Regional Studies.
November 19, 2021 – Silicon Valley employers added 13,000 workers between mid-September and mid-October and the unemployment rate dropped slightly to 3.7%, according to analysis by Joint Venture’s Institute for Regional Studies. The drop in unemployment is much slower than the change experienced from August to September, when the unemployment rate dropped by 0.8 percentage points (from 4.7% to 3.9%).
Q3 2021 - Released quarterly in partnership with JLL, the Q3 2021 report noted leasing activity in the Silicon Valley market has become less volatile in the third quarter and investment activity is brisk, driving commercial real estate sales volume up to an aggregate of $6.3 billion — the highest since 2015.
November 1, 2021 – This research brief examines homeownership in Santa Clara County, including data and analysis in the context of longer-term housing trends, the wealth gap, and economic mobility. The work was commissioned by the Santa Clara County Association of REALTORS in partnership with the Silicon Valley Association of REALTORS, with the intention of informing their work, and serving as a resource to Silicon Valley leaders and community members interested in the interconnections between homeownership and other indicators of regional health.
October 22, 2021 – Silicon Valley’s latest unemployment rate for September is down to 3.9% — the first time the unemployment rate has dropped below four percent since the start of the pandemic, according to analysis by Joint Venture ’s Institute for Regional Studies. August to September 2021 represented a drop of 0.8 percentage points, or from 4.7% to 3.9%. The unemployment rate in Silicon Valley in September was two percentage points lower than it was at the end of 2020.
October 12, 2021 – According to the Silicon Valley Poll, Bay Area residents (65%) feel a strong sense of belonging to their region. Yet the majority believe the quality of life has grown worse. More than half (56%) plan to move out of the Bay Area in the next few years. The poll was placed in the field by the Institute for Regional Studies in partnership with the Bay Area News Group.
September 16, 2021 – Rental rates for multifamily housing in Silicon Valley have increased over the 2020 dip, with a large share of renters paying more than 30% of their income for housing, according to Joint Venture’s Institute for Regional Studies. This report provides a snapshot of the trends in the region’s housing market for residential structures with more than one dwelling unit in the same building.
August 20, 2021 – Silicon Valley’s latest unemployment rate for July is back to 4.9% — where it was three months prior, according to analysis by Joint Venture Silicon Valley’s Institute for Regional Studies. Variations in the region’s employment numbers have been relatively small month to month over the past eight months, with the largest pandemic-period declines happening between the peak in April 2020 (12%) and last November (5.2%).
Q2 2021 - Released quarterly in partnership with JLL, the Q2 2021 report noted that the pace of Silicon Valley commercial space development far exceeded that of 2020.
July 16, 2021 – Silicon Valley’s employment growth stalled with an increase in the unemployment rate from 4.6% in May to 5.1% in June, according to analysis by Joint Venture’s Institute for Regional Studies. Similar upticks occurred across all 58 California counties, as the state unemployment rate overall rose by 0.5 percentage points month-over-month.
July 15, 2021 – The Silicon Valley and San Francisco aggregate market cap has more than doubled, rising from $5.5 trillion to more than $12.6 trillion since spring of 2020, according to this data release from Joint Venture's Institute for Regional Studies.
June 18, 2021 – Silicon Valley’s unemployment rate continued in a slow downward trend into May, reaching 4.6%. Joint Venture’s Institute for Regional Studies released analysis that shows a significant improvement in the region’s unemployment rate since the pandemic-high of 12% in April 2020. Month-over-month declines have been small. Between April and May, the rate declined by three-tenths of a percentage point, which represents approximately 3,630 fewer unemployed workers throughout Santa Clara and San Mateo Counties.
May 21, 2021 – Joint Venture’s Institute for Regional Studies released analysis that shows a small, two-tenths of a percentage point decline in the regional unemployment rate between March and April 2021. This decline represents an additional 2,600 employed throughout Santa Clara and San Mateo Counties.
Q1 2021 - Released quarterly in partnership with JLL, the Q1 2021 report noted that, one year into the pandemic, commercial leasing activity in Silicon Valley was slow, with fewer than 100 transactions in total. A handful of large commercial buildings were completed despite the slowdown of region development overall since the start of the pandemic, and an impressive 15 million square feet remains in-progress.
April 16, 2021 - Joint Venture’s Institute for Regional Studies released analysis that shows late 2020 economic restrictions, along with a wave of COVID-19 cases contributed to an unemployment rate reaching nearly 6% in December. Since then, the region has experienced a gradual decline to 5.1% in March.
Silicon Valley’s 5.1% unemployment rate is less than half of the April high (11.6%), but remains higher than the 3.2% of mid-March last year.
February 16, 2021 – The COVID-19 pandemic has affected every aspect of Silicon Valley’s economy and the greater community, according to the 2021 Index. From the health impacts of the virus, to its effect on employment, IPOs, childcare, hunger, and housing, the pandemic has plowed through every sector, often with long-term implications. As a timely addition this year, the Index includes a section devoted to the impacts of COVID.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
December 18, 2020 - Silicon Valley’s unemployment rate continued its gradual decline since the pandemic-high of 11.6% in April, decreasing by a fraction (0.8) of a percentage point to 5.1% between mid-October and mid-November, according to analysis released by Joint Venture’s Institute for Regional Studies. The November data reflects month-over-month upticks in retail jobs (specifically Clothing & Clothing Accessory, and General Merchandise Stores), and restaurant/food service jobs. Impacts of November restrictions still unclear.
November 20, 2020 - Silicon Valley’s unemployment rate slipped down by another 1.1 percentage points in October, according to analysis released today by Joint Venture Silicon Valley’s Institute for Regional Studies. Yet, as of mid-October, approximately 90,000 people remain unemployed in Silicon Valley.
November 13, 2020 - Silicon Valley’s eligible voter turnout for the November 3 General Election, based on results reported to-date, was at unprecedented levels. Preliminary numbers suggest an eligible voter turnout of 71 percent, compared to 62 percent in the 2016 General Election.
Q3 2020 - Released quarterly in partnership with JLL, the Q3 2020 report showed a significant decline in commercial leasing activity and a rise in office space vacancies near transit stations. Despite these and other pandemic-related effects on the market, the region is still churning out new commercial developments and an unprecedented amount remains under construction.
October 16, 2020 - Unemployment numbers are continuing to drop in Santa Clara County, reaching a post-Covid shutdown low of 7% for September, sixth lowest in California, according to figures just released by the Economic Development Department. Joint Venture’s Institute for Regional Studies released analysis of Silicon Valley’s unemployment rate through September along with the historical trend back to the year 2000.
October 14, 2020 - Joint Venture’s Institute for Regional Studies released a research brief illustrating how the region’s residents have fared during the pandemic, outlining the impact of the decline in employment on regional food needs, and the rapid response of emergency food distribution efforts. The brief was created in partnership with Second Harvest of Silicon Valley and Silicon Valley Food Recovery, an initiative of Joint Venture.
October 6, 2020 - Joint Venture's Institute for Regional Studies has released analysis that reveals that the market cap of Silicon Valley and San Francisco stocks, in aggregate, are now 11 percent and seven percent higher, respectively, than prior to the pandemic-related decline.
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 numbers reflect the sharpest month-over-month decline since the region’s unemployment rate peaked at an unprecedented 11.6 percent in April.
August 21, 2020 - Joint Venture’s Institute for Regional Studies released an analysis of post-COVID unemployment rates with pre-COVID historical data. The numbers reflect a 9.3% regional unemployment rate for July, a 1.4 percentage point decline since June, and a 2.3 percentage point decline since the unprecedented April high.
Q2 2020 - This is the Institute's second quarterly report on Silicon Valley commercial space since the onset of COVID-19. The report showed leasing activity has been muted with concentrated efforts in renewals. More sublease space has come onto the market and current construction projects have continued with some delays. New speculative development has been put on hold.
July 17, 2020 - The Institute released analysis of post-COVID unemployment rates compared to 20 years of pre-COVID historical data. The numbers reflect a minimal decrease of 0.3 percentage points in the regional unemployment rate from the May rate of 11 percent, and only 0.6 percentage points below the unprecedented 11.6 percent in April, which surpassed even the post-dot com bust and recession highs of 2009.
July 16, 2020 - The Institute compiled an assessment of Bay Area public interest trends based on web searches conducted since March 15 via Google Trends. This compilation provides a human-interest sidebar to the numerous economic data releases published by the Institute since the onset of the pandemic.
July 7, 2020 - The Institute compares 19 regional response funds with a range of focus areas, including housing needs, community-based nonprofits, small businesses, childcare providers, schools, and the needs of low-income individuals throughout the region.
June 26, 2020 - A snapshot of the region’s initial public offerings (IPOs) for the first half of 2020. Compared to last year’s 34 Silicon Valley and San Francisco IPOs (22 in the first half), there were a mere six over the past six months.
June 19, 2020 - An analysis of post-COVID unemployment rates compared to 20 years of pre-COVID historical data. The numbers reflect a minimal decrease of 0.6 percentage points in the regional unemployment rate from the unprecedented 11.6 percent in April – a rate surpassing even the post-dot com bust and recession highs of 2009.
June 2, 2020 - 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.
May 22, 2020 - Joint Venture’s Institute 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.
May 2020 - The City of Palo Alto—like other Silicon Valley cities—is continually looking to find the right balance between the activities and contributions of businesses, residents, and the collective community that they create. Stanford University commissioned the Institute to provide detailed information about the existing business mix and conduct an impartial assessment of the existing impact of the City’s businesses and key contributing industries to overall economic activity and city tax revenues.
May 15, 2020 - The Institute 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.
May 11, 2020 - Since February, Bay Area hiring activity has declined by 25% compared to 21% nationally, according to a new data release from Joint Venture’s Institute for Regional Studies. The Institute compared the results to the U.S. overall and against 10 other metro areas.
May 1, 2020 - Joint Venture’s Institute for Regional Studies has compiled a summary of regional layoffs charted since July, 2019 and following the April 25 release of the California Employment Development Department WARN (Worker Adjustment and Retraining Notification) report.
April 28, 2020 - Joint Venture’s Institute for Regional Studies has released new analysis that examines how Silicon Valley and San Francisco’s publicly-traded companies have performed on the heels of the COVID-19 pandemic.
April 27, 2020 - Joint Venture’s Institute for Regional Studies has released analysis of the region’s consumer spending trends and how they have changed during the COVID-19 pandemic. The release compared retail sales trends for the U.S. overall and changes between February and March.
Q1 2020 - This is the first quarterly report to be released since the onset of the COVID-19 pandemic. It shows a significant amount of new space is under construction, despite some pandemic-related delays.
April 17, 2020 - On the heels of the COVID-19 crisis, Joint Venture's Institute for Regional Studies has released preliminary analysis that shows an uptick in the unemployment rate to 3.1% - a sharp increase but significantly lower than the recession-peak of 10.5% in the summer of 2009. The report follows the release of preliminary March 2020 labor market data (which has a lag time of several weeks) from the California Employment Development Department (EDD).
April 3, 2020 - Joint Venture’s Institute for Regional Studies has released a comparison of recent month-over-month changes in Bay Area hiring compared to the United States overall. The analysis follows the release of national and metro-area hiring data from LinkedIn’s Economic Graph.
March 31, 2020 - Silicon Valley, like every place, has been upended by the COVID-19 pandemic. What will it mean for our economy, our communities, and our overall wellbeing in the near term?
February 2020 - The 2020 Silicon Valley Index shows that Silicon Valley continues its upward spiral with employment growth, eye-popping land transactions, and venture capital flowing into record numbers of megadeals.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
Q3 2019 - The report shows Silicon Valley is continuing to develop more new commercial space, and there has been a resurgence of R&D development within the region.
August 2019 - Nearly 550,000 Silicon Valley students will head back to school for fall. Joint Venture’s Institute for Regional Studies has compiled a snapshot of back-to-school by the numbers. On average, families spend close to $700 for supplies and clothing - a hardship for 30% of Silicon Valley.
Q2 2019 - The report shows the total amount of office, industrial, and research and development (R&D) space under construction has continued to rise, even as new buildings have been completed.
Q1 2019 - The report shows that activity is brisk and demand is high, especially for commercial space located near public transit. Office vacancy rates – which were relatively high between Q4 2017 and Q4 2018 due – fell significantly in Q1 2019 to 13.4%.
February 2019 - Silicon Valley’s economy has reached new levels of employment, income, innovation, and investments as major companies are fundamentally altering the character and evolution of innovation in the region.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
Q3 2018 - The Institute’s quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, showed the surge of commercial space development in Silicon Valley continued unabated in the third quarter of 2018.
July 2018 - This brief, the fifth in a series, provides an update on the economy in Silicon Valley and San Francisco, here referred to as “the Peninsula economy.” The Peninsula sub region includes Santa Clara, San Mateo and San Francisco counties.
Q1 2018 - The Institute’s quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, showed that five developments were completed in the quarter, accounting for nearly one million square feet of commercial office.
February 2018 - The regional economic study again shows more jobs, income, venture capital and commercial construction pouring into Silicon Valley, yet workers struggle to afford housing, endure longer commutes and face rising costs for such everyday needs as food, clothing and child care.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
Q3 2017 - The Institute’s quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, showed that 4.54 million square feet of space was completed in Q3, while average office space asking rents continued to rise.
October 2017 – This report takes an in-depth look at the trends in labor force participation in Silicon Valley, identifies likely trends in the retirement of older workers to 2025, and discusses high-level implications for workforce policy.
September 2017 – Silicon Valley’s employment level reached an all-time high of 1.62 million workers by the end of 2016, but this report showed the growth is slowing and remains uneven in wage and skill levels.
Q2 2017 - Silicon Valley’s commercial office vacancy rates are up over the past three quarters despite high demand for large office space, the Silicon Valley Institute for Regional Studies reported. The Institute’s quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, also shows that 11 million square feet of new commercial space is in the pipeline.
July 2017 - This brief, the fourth in a series, provides an update on the economy in Silicon Valley and San Francisco, here referred to as “the Peninsula economy.” The Peninsula sub region includes Santa Clara, San Mateo and San Francisco counties.
May 2017 - Only a third of Silicon Valley elected local officials are women, a majority are Democrats and just 18 percent of registered voters in the region are Republicans, according to a new Snapshot brief by Joint Venture’s Institute for Regional Studies.
The report, prepared in partnership with GrassrootsLab, shows Democrats hold 72 percent of Silicon Valley local elected offices, compared to 69 percent in the Bay Area and 45 percent statewide.
Q1 2017 - Silicon Valley is experiencing cautious optimism carried over from 2016 while several large corporate technology firms have put space back on the market, preemptively buckling down should the economy begin to signal a slowdown. Although requirements for larger spaces have declined, many tech companies are continuing their growth, albeit at a slower pace when compared to 2015-2016.
February 2017 - Silicon Valley has chalked up seven straight years of economic expansion, a pace that continues to burden the region’s already strained infrastructure. The latest data shows a slight slowdown from previous years, the report notes, but Silicon Valley’s growth is still outpacing California and the nation as a whole in many categories.
Learn more about the 2017 Silicon Valley Index, view interactive charts, and download the underlying chart data at www.siliconvalleyindicators.org.
November 2016 - This brief, the third in a series, provides an update on the economy in Silicon Valley and San Francisco, here referred to as “the Peninsula economy.” The Peninsula sub region includes Santa Clara, San Mateo and San Francisco counties.
July 2016 - This report addresses the extent to which state level regulation of business activities affects job growth in Silicon Valley.
June 2016 - This brief, the second in a series, provides an update on the economy in Silicon Valley and San Francisco, here referred to as “the Peninsula economy.” The Peninsula sub region includes Santa Clara, San Mateo and San Francisco counties.
April 2016 - This brief provides an update on the economy in Silicon Valley and San Francisco, here referred to as “the Peninsula economy.” The Peninsula sub region includes Santa Clara, San Mateo and San Francisco counties.
February 2016 - The 2016 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.
Learn more about the 2016 Silicon Valley Index, view interactive charts, and download the underlying chart data at www.siliconvalleyindicators.org.
June 2015 - This research brief examines data on Bay Area income inequality and how it varies within the region, including comparisons to the state and nation as a whole.
Learn more about the Income Inequality Brief, view interactive charts, and download the underlying chart data on the indicators website.
May 2015 - This report examines Silicon Valley’s population dynamics, including overall population growth, growth by city and county, birth and death rates, and the changing population composition in terms of age and gender. It also examines recent California Department of Finance (DOF) population and K-12 enrollment projections through 2023.
Learn more about the Population Brief, view interactive charts, and download the underlying chart data on the indicators website.
March 2015 - This research brief examines aspects of poverty in the San Francisco Bay Area, its regional distribution and areas of intense concentration, as well as the demographics of the impoverished population.
Learn more about the Poverty Brief, view interactive charts, and download the underlying chart data on the indicators website.
February 2015 - The 2015 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
November 2014 - As of the end of 2013, China and the United States were the two top countries in terms of total installed renewable power capacity, as well as investments in renewable energy. Driving Clean Energy Adoption examines five leading clean energy regions in the United States and China based on primary and secondary research, including numerous interviews of key stakeholders.
Included in the report are information and findings that are broadly applicable to other regions working to further clean energy adoption. The drivers, benefits and considerations for regional success in promoting clean energy adoption are outlined, case studies are presented, and resulting key challenges and success factors are extracted and provided. The findings suggest a handful of the most important factors for regional clean energy adoption relating to policy frameworks, utility involvement, collaboration, local leadership and innovation.
May 2014 - This report reviews broad economic forces in San Mateo County and the Peninsula and considers their implications for workforce development. The report spotlights the persistence of poverty even in the face of surging job growth, reviews the best practices fostering upward mobility for the workforce, and outlines strategies that can be carried out by workforce boards, community colleges, private industry and community organizations.
February 2014 - The 2014 Silicon Valley Index reveals that the region’s economy is red-hot and leads the nation with extraordinary growth in jobs, income, innovation, venture capital investment and immigration.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.
September 2013 - This report studies the feasibility and assesses the options for municipalities like Sunnyvale who want to provide residential and commercial subscribers with renewable energy. It follows on the heels of legislation signed into law in September 2013 (Senate Bill 43) which offers new regulatory mechanisms for deploying shared renewables projects in California communities. It also launched the Green Tariff Shared Renewables program (GTSR).