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SAN JOSE -- Companies in Silicon Valley are planning a hiring spree this year, an indication that the economic upswing in the Bay Area has a long way to travel before it runs its course, according to a survey of the region's chief executives released Tuesday.

The job boom in the counties of Santa Clara, San Mateo, San Francisco, southern Alameda and northern Santa Cruz looks robust at least through this year and next, but the employment expansion is accompanied by woes such as housing and traffic that will hurt the region's ability to attract a high-caliber workforce, according to the annual CEO Business Climate Survey by the Silicon Valley Leadership Group.