Economy

Economy

Silicon Valley trade school that trains essential workers at risk of closure

A longtime Silicon Valley trade school that trains essential workers such as electricians, mechanics and nurses could soon close its doors, the latest casualty of the coronavirus pandemic that’s swept the world. But its leaders are fighting for a chance to survive another year. Officials from the Metropolitan Education District (MetroED) are asking the city of San Jose and...

Santa Clara County poll places public health over the economy

When forced to choose between public health or the economy, the majority of Santa Clara County residents surveyed in a new poll said they’re more concerned about public health — despite the county’s shelter-in-place order ravaging local businesses. The poll, conducted from May 14 to May 18, surveyed 1,000 randomly selected county residents by telephone,...

Amid ‘unprecedented’ unemployment numbers, Silicon Valley feels blow slightly softer

California is seeing record unemployment numbers, with the largest single month of job losses ever recorded and a 15.5 percent unemployment rate in mid-April, about a month after the state began sheltering-in-place due to the novel coronavirus pandemic. But the blow has been a little softer overall in Silicon Valley, local experts say. The unemployment...

Major layoffs in Silicon Valley hit Team San Jose, Goodwill and car dealers

Coronavirus-linked layoffs have soared in Silicon Valley in recent months, affecting more than 21,000 employees across 26 companies in March alone, according to a San José Spotlight analysis of data from the state’s Employment Development Department. Industries with the most layoffs were retailers, restaurants, hotels, the arts and entertainment sector, personal care services and gyms....

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