Tech boom reinforces thriving Silicon Valley job market

siliconSilicon Valley has had another successful year as the Technology Boom helps propel the job market.

According to the California Employment Development Department (EDD), “In a year-over-year comparison (March 2015 to March 2016),…employment in California increased by 420,800 jobs (up 2.6 percent).”

Each quarter, West Valley Staffing Group (WVSG) surveys a wide range of Silicon Valley hiring managers about their upcoming hiring needs. The hiring managers come from many different industries, including high tech, manufacturing, electronics, finance, semiconductor, medical, aerospace, alternative energy, and more. Each participant is asked, “Do you expect your hiring needs to increase, remain steady, or decrease in the future?” This survey is unique and exclusive to Silicon Valley!

Over one thousand hiring managers were surveyed this quarter, with 93% predicting a hiring increase or expecting to remain steady during the second quarter of 2016.  Only 7% of hiring managers expect their hiring needs to decrease.

“The tech-boom is becoming a tech-fever,” said Charlie Allport, Executive Vice President of WVSG. “Just as the gold rush attracted people to California, the tech-boom now entices individuals to Silicon Valley for a better future.”

As the tech industry continues to heat up, it is reinforcing the growth of the economy.  According to the US Bureau of Labor Statistics; employment continues to see a steep rise.  More and more great opportunities become available as the job market continues to flourish. – PRNewswire

 

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