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Analysts forsee tech growth slowing
San Francisco Chronicle, December 6, 2007
Weakness in the U.S. economy figures to take a bite out of the technology industry's growth rate in 2008, when analysts expect tech spending to slow around the world. MORE

Jobless claims make big drop
San Francisco Chronicle, December 5, 2007
The number of laid off workers filing claims for unemployment benefits fell last week by the largest amount in three months. The Labor Department reported that applications for jobless benefits dipped by 15,000 earlier this month to a total of 338,000. The decline was the largest since the level of claims had dipped by 22,000 in the first week of September. MORE

US homes forclosures hit record high
San Francisco Chronicle, December 6, 2007
Home foreclosures shot up to an all-time high in the third quarter, fresh evidence of the problems afflicting distressed homeowners amid the housing meltdown.
The Mortgage Bankers Association in its quarterly snapshot of the mortgage market released earlier this month said that the percentage of all mortgages nationwide that started the foreclosure process jumped to a record high of 0.78 percent during the July-to-September period. That surpassed the previous high of 0.65 percent set in the prior quarter. MORE

Report: State outlook is grim
Silicon Valley/San Jose Business Journal, December 6, 2007
California has a sharp economic slowdown ahead and will barely avoid a recession, according to a report released earlier this month. The quarterly UCLA Anderson Forecast says non-farm jobs will only grow by 0.5 percent in the coming year, down from 1.3 percent growth in 2007. MORE

Seeing green in cleantech
Forbes, December 13, 2007
Cleantech investing reached critical mass this year, based on the dollars dumped into such companies by venture capital investors. Venture investment in North American and European cleantech companies for the first three quarters rose to $3.6 billion--up 28% in contrast to the same period a year ago, according to Cleantech Group, a research firm in Brighton, Mich. MORE

'Green' VC funding sets record
Silicon Valley.com, November 29, 2007
U.S. venture-capital investment in cleantech companies already has set a new record in 2007, with the final three months of the year yet untallied. Through September, $2.6 billion had been spent on 168 cleantech deals, according to the quarterly report from the National Venture Capital Association released earlier this month. MORE

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What’s New in the World of Work