Lorena Delgadillo

CS 312

Article Summary

As most of us know, Silicon Valley has been the most famous area for technology jobs in the United States. Many well known companies such as Google, IBM, and Intel have a piece of land in this California region. One would assume that due to this era of technology, employment will be high. On the contrary, for the past four to five years Silicon Valley has had a tremendous decline in employment.

Pui Wing Tam of the Wall Street Journal writes in his article “Silicon Valley Sees Gain in Jobs, Pointing to a Successful Reboot” about the increase in employment growth in the companies of this area. As the title of the article suggests, Silicon Valley is “rebooting” from its employment “crash.”

The per-capita income in this area has had a great improvement. Employees are now earning approximately $56,633 a year. Companies such as Google and Apple have had an increase in their stocks as well as the number of employees. Google made an increase of 65% in employment in September 2005. Silicon Valley currently has about 14% of technological regional employment. The reason for this increase and “reboot” of Silicon Valley is not because of engineering jobs but because employers are seeking more creative jobs that can bring new innovations into the company and thereby keeping it alive.

Hopefully the economy of Silicon Valley can stabilize and open the doors of opportunities and bring more jobs and new, exciting, and better technology to our world.

Reference: Tam, Pui-Wing. “Silicon Valley Sees Gain in Jobs, Pointing to a Successful Reboot.” Career Journal: Wall Street Journal. 20 Jan. 2006. 28 Jan. 2006. http://www.careerjournal.com/salaryhiring/regional/20060120-tam.html