In the news What's New in the World of Work Please note: External links will open in a new browser window and may require no-cost registration with the host publication. Mixed signals on valley job gains San Jose Mercury News, May 23, 2005. Silicon Valley's job market is improving, but so slowly that it doesn't even count as a recovery. The valley added 5,800 jobs in April -- the third consecutive month of job gains and the largest March-to-April boost since the state started tracking the numbers in 1990. But the valley still has 2,300 fewer jobs than a year ago, according to a report released Friday by California's Employment Development Department. And the latter comparison, economists say, is more important because the numbers aren't adjusted for seasonal swings in employment. MORE Top execs' pay rises 57 percent San Jose Mercury News, May 23, 2005 The valley's top executives saw their pay rise 57 percent last year to a collective $2.1 billion, according to the Mercury News' latest ''What the Boss Makes'' study. The 2004 compensation for 728 senior executives was the highest in three years and approached the $2.3 billion of 1999, when the tech-stock bubble was approaching its peak. MORE Median price of a home in California breaks $500,000 for first time Silicon Valley/San Jose Business Journal, May 23, 2005 The median price of an existing home in California in April increased 12.5 percent to $509,230, the first time the statewide median has crossed the half-million dollar mark, the California Association of Realtors reported Tuesday. In Santa Clara County, heart of Silicon Valley, the median home price in April was $750,000, up 21.4 percent in a year's time. MORE VC survey indicates 'positive' trends Silicon Valley/San Jose Business Journal, May 23, 2005 The change in share price of Bay Area companies funded during the first quarter of 2005 compared with their prior financing round was up 24 percent, suggesting positive trends, according to a survey by Fenwick & West LLP, of Mountain View. Fenwick & West specializes in legal services to high technology and life science clients. MORE Health care IT dollars are escaping Silicon Valley's grasp Silicon Valley/San Jose Business Journal, May 23, 2005 Silicon Valley health care providers may be spending millions on electronic health records (EHR), but they're not spending those dollars here. In an ironic twist, the valley named for its technology prowess is ceding some of the largest software contracts in the health care industry to companies in places like Madison, Wis., and Malvern, Pa. MORE

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