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. U.S. economy still growing at strong rate MSNBC News (Associated Press), Oct. 28, 2005 Economic activity expanded at an energetic 3.8 percent annual rate in the third quarter, providing vivid evidence of the economy's stamina even as it coped with the destructive forces of hurricanes Katrina and Rita. MORE Valley companies adding jobs, but many of them aren't here Silicon Valley/San Jose Business Journal, Oct. 31, 2005 It didn't take long for Silicon Valley to lose 180,000 jobs when the economy soured in 2001. "It was sudden," says Mike Curran, the director of NOVA, the work force development agency sponsored by the city of Sunnyvale. "We went from an unemployment rate of 1.3 percent to 7 percent overnight." Since then, companies have been adding jobs, but many of those jobs are not in Silicon Valley. MORE Offshoring research raises questions about valley's innovation future Silicon Valley/San Jose Business Journal, Oct. 28, 2005 Cisco Systems Inc. may not be moving jobs from San Jose to India, but the $1.1 billion investment in Bangalore it announced recently may presage the day when Silicon Valley loses its edge as the center of innovation. Cisco, the giant router-maker with headquarters on the North First Street technology row, says it will invest three-quarters of that billion dollars in a research and development campus that will employ 1,400 people. MORE Silicon Valley humming again – Tech giants turn on their smarts and figure out where to take the Internet San Francisco Chronicle, Oct. 30, 2005 Job advertisements flood the Internet, seeking workers for Google, Yahoo and eBay. Newspaper headlines blare reports of those companies raking in money hand over fist and bingeing on multimillion-dollar shopping sprees. And Apple Computer, the personal computing pioneer, makes its umpteenth comeback. After a few bleak years of retrenching and downsizing, suddenly there's a feeling of ebullience in Silicon Valley. MORE Working Wonders AARP Magazine, November/December 2005 They're dependable, caring, experienced, and wise. And that's just for starters. So it's no surprise that more and more smart companies are turning to older workers to get the job done right. MORE 15th Annual CONNECT! Awards Luncheon NOVA Press Release, October 2005 The NOVA Workforce Board and the CONNECT! one-stop collaborative celebrated their 15th Annual Awards Luncheon, "Connections 2005: Building Partnerships," on October 14, by recognizing the contributions of four businesses and seven individuals within Santa Clara County. MORE

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