Economic Development Futures Journal

Wednesday, April 13, 2005

counter statistics

Wonder Where the Jobs Are...

Here is one explanation from the Silicon Valley. According to a recent news article, in 2004, Silicon Valley's 150 largest companies made more money than ever -- profits were up 169 percent from the year before.

So why didn't it feel like a boom year? Because for the most part, Silicon Valley companies aren't hiring locally. They're simply banking the cash. Sound familiar?

0 Comments:

Post a Comment

<< Home