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Please note: External links will open in a new browser window and may require no-cost registration with the host publication.Modest gains in employment Silicon Valley so-so in May
San Jose Mercury News, June 18, 2005Web developer Veronica Narvasa has been unemployed since October. She gets plenty of calls from recruiters, but they're often pitching contract gigs rather than permanent jobs. So, despite the flurry of interest and freelance assignments, Narvasa really is no better off then she was eight months ago. That, in a nutshell, seems to be the story of Silicon Valley's job market. MORE
Housing market tumble forecast Economists see bubble bursting by late next year
San Francisco Chronicle, June 21, 20005A long-predicted correction in the high-flying housing market could steer the economy into a recession as early as late 2006, according to a forecast to be released today. Economists at the prominent UCLA Anderson Forecast have anticipated a real estate downturn for a couple of years, but they have stepped up their warnings in their latest quarterly report. MORE
Women's share of IT jobs plunges Latinos, Blacks lag even further behind
San Jose Mercury News, June 22, 2005The percentage of women in information technology has dropped sharply since 1996, according to a report being released today. Women held 32.4 percent of IT jobs in 2004, down from 41 percent eight years earlier, despite holding steady in the overall workforce. And the percentages of Latinos and African-Americans in IT jobs still lag far behind their representation in the workforce, according to the report by the Information Technology Association of America. MORE
Increased hiring of advertising and marketing pros seen
Silicon Valley/San Jose Business Journal, June 23, 2005Demand for advertising and marketing talent is rising for the second straight year, a new survey shows. Sixty-eight percent of industry executives polled said their firms plan to add personnel in the next 12 months, up 11 percentage points from the 2004 survey and 24 percentage points from the 2003 forecast. MORE
Milken survey: Bay Area ranks second among life science clusters
Silicon Valley/San Jose Business Journal, June 23,2005The San Francisco Bay Area comes in second in a new report measuring not only the current strength of clusters of life science companies but their growth potential, according to the Milken Institute of Los Angeles. If the life sciences industry is the holy grail of economic development, as many public policy officials believe, then Boston, the Bay Area, Greater Philadelphia and Greater New York City are in the best position to gain from this dynamic industry in the years to come, says the institute. MORE
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