From Joint Venture: Silicon Valley Network with respect to the 2010 Index of Silicon Valley:
The economic recession has stalled Silicon Valley’s vibrant innovation economy and left its global competitive standing at risk as never before...
With respect to jobs:
Between November 2008 and November 2009, employment in Santa Clara and San Mateo Counties dropped 6.1 percent, compared to 3.8 percent nationally. Silicon Valley lost 90,000 jobs between the second quarter of 2008 and 2009, bringing total employment down to 2005 levels.
To read the full, original article click on this link: 2010 Index of Silicon Valley: Economy Stalled And At Risk at SocketSite™
Author: socketsite.com
