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press release

Silicon Valley shows jobs gains for 2010, InformationTechnologyCrossing finds 8,000 jobs in area.

February 15, 2011

Pasadena, CA — Silicon Valley finally seems to be coming out of its recession, at least in terms of jobs gains in 2010. The area added 12,300 positions last year.

This figure is equal to the total number of jobs created there in 2004, although it is still not as much as during the dot-com era of 1999 and 2000. Since 2008, when the recession began, around 90,000 positions were cut.

The area’s per capita income has also stabilized at $62,400 per year. This is also at the same level as it was in 2005. The data has been collected by Joint Venture: Silicon Valley Network and Silicon Valley Community Foundation.

With hiring increasing across the Valley, especially by tech giants such as Google, Facebook, and startups like Zynga the area is regaining its reputation as the top job market for techies.

InformationTechnologyCrossing, a job aggregator website for people in the IT industry, has seen a huge increase in the number of IT job postings in Silicon Valley. The site has been able to gather over 8,000 job postings in Silicon Valley.

Contact:
Roger Croft
Editorial Coordinator
InformationTechnologyCrossing
626-243-1814
rogerc@InformationTechnologyCrossing.com

About InformationTechnologyCrossing:
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