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.