Business Resources Life in the Valley Economy On March 29, 2007, Working Partnerships USA unveiled its newest report: Life in the Valley Economy: Silicon Valley Progress Report 2007. Life in the Valley Economy examines the state of Silicon Valley's economy through the lens of middle-class and working-class households trying to make ends meet and secure their family's future. Its primary focus is on how factors affecting family finances have changed in the wake of the 2001 recession. To learn more go to: www.wpusa.org/live/ Behind the Pay Gap New research released in April 2007 by the American Association of University Women Educational Foundation shows that just one year out of college, women working full time already earn less than their male colleagues, even when they work in the same field. Ten years after graduation, the pay gap widens. To learn more go to:www.aauw.org/research/behindPayGap.cfm Clean Energy and Jobs This study assesses the impact of an alternative approach to climate and energy policy. Based on an extensive review of the literature and of the experience of other nations, it attempts to assemble a set of policies that would provide moderate but steady increases in energy efficiency and reductions in carbon emissions, while improving overall economic efficiency. It then estimates the macroeconomic impact of these policies. To learn more go to: www.epi.org/content.cfm/studies_cleanenergyandjobs California Employee Confidence Index The California Employee Confidence Index dropped 1.5 points in February to 61.5, according to the latest Spherion Employment Report. This recent survery of California workers, conducted by Harris Interactive on behalf of Spherion Corporation, shows that fewer workers are confident in their ability to find a new job and in the future of their current employer. To learn more go to: spherion.com/pressroom/index.php?s=43&item=324 NOVA’s Workforce Review The Workforce Review is a two-page fact sheet featuring data on labor force trends, including regional unemployment rate and change, specific labor force data for NOVA’s consortium of cities, and workforce reductions in the NOVA area.

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