Silicon Valley Jobs On Steady Upswing

October’s jump in IT hiring in Santa
Clara County helped pushed
the unemployment rate down to 10.6 percent, according to the latest report from
the State of California.
Meanwhile, the San Jose
metro region had more jobs than it did a year earlier for the second month in a
row. Over the last 12 months, some 3,600 positions were added in the
professional and business services area alone.

Silicon Valley Job on Steady Upswing"There’s demand for technology jobs being driven by
pent up demand for IT investment," says Brad Kemp, director of regional
research at Beacon Economics in San
Rafael, Calif.

That said, Kemp characterizes the current environment for IT
professionals as "difficult." Those people who are looking for jobs
need to focus on making themselves more efficient and more attractive to
employers, he believes. "They need to upgrade their skills to be
competitive to get hired."

Job
Center
Reports Fewer Layoffs

"We’ve seen a dramatic drop in mass layoffs from a year
ago at this time," says Kris Stadelman, director of the NOVA Job Seeker Center in Sunnyvale,
which caters to unemployed IT professionals. In the first 10 months of 2009,
there 74 layoffs hit 3,412 people. During the same period this year, 17
reported layoffs impacted 470 workers.

Unfortunately, new hiring in IT has been spotty at best,
favoring those with specialized skills. "On the hiring side, we’re seeing
a small uptick of technology workers being hired who have particular skills,"
Stadelman says. Not surprisingly, skills related to creating iPad apps are in
demand. "For some of these new skills in demand, companies are hiring
people right out of college. Many of the people coming in our doors often don’t
have the latest skills.¿

Hiring Competition
Heats Up

A host of high tech firms that are doing quite well
financially in this tentative recovery continue to add staff. Google, for
instance, has been on a hiring jag over the last year, boosting its workforce
by 3,600 people, a nearly 20 percent increase. But over the last year, the
company has found itself locked in a competition for the best talent with companies
like Facebook, Twitter and LinkedIn.

In the last 12 months, Facebook has boosted its staff from
1,000 to about 1,700. Twitter has tripled to about 300. In an effort to promote
retention, Google earlier this month announced it was granting a 10 percent
raise to all of its 23,000-plus employees. 

Some technology services companies are also adding staff. Consulting
giant PricewaterhouseCoopers plans to add 100 employees over the next year,
following the company’s move into a new global work center in downtown San Jose. Many will be
technology professionals as the firm staffs up to provide services to its high
tech clients in Silicon Valley.

— Doug Bartholomew

Comments

One Response to “Silicon Valley Jobs On Steady Upswing”

December 02, 2010 at 11:17 am, Francis Ardi said:

Besides the big names like Google, EBay, Apple, etc. there are probably hundreds of other smaller companies who are looking to serve the information technology market.

Where can I get a good list of such companies?

Francis

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