Economy

Economy

New report paints grim picture of downtown San Jose

A new analysis shows downtown San Jose is reeling economically from the pandemic – more than its neighboring suburbs. According to the report, presented at a council committee Monday, the downtown’s recovery has been grim and economically lagging because many of its driving forces, including commercial projects and events, have not returned to pre-pandemic levels....

San Jose budget tackles homelessness and public safety

San Jose has more money to spend this fiscal year and officials are prioritizing homelessness, public safety, fighting blight, environmental sustainability and equitable economic recovery. On Tuesday, the City Council unanimously approved the $5.3 billion budget for fiscal year 2022-23. The city has $212 million more dollars to fund its 20 departments and various programs than...