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What’s New in the World of Work

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Competitors gaining on valley, study shows
Silicon Valley/San Jose Business Journal, Sept. 1, 2006
Despite all the chatter about traffic jams, the soaring cost of housing, tax burdens and all the other things that might drive jobs away from Silicon Valley, IBM Corp. has been hiring right here in South San Jose.... IBM's hiring illustrates rather than bucks the trend. MORE

Poverty rate is 4th lowest among big cities
San Jose Mercury News, Aug. 30, 2006
San Jose residents had the second-highest income in the country, pulling down a median of $70,921 last year, according to U.S. Census Bureau reports released Tuesday. MORE

Silicon Valley execs see strong economy ahead
San Jose Mercury News, Aug. 30, 2006
Silicon valley executives are more upbeat about the local economy than their peers elsewhere in the Bay Area and are far more likely to add employees over the next six months than to trim their workforces, according to a survey. MORE

Deal cut on minimum-wage hike without inflation index
Silicon Valley/San Jose Business Journal, Aug. 22, 2006
An estimated 1.4 million California workers would make a minimum wage of $8 by 2008 under a compromise deal announced Tuesday by legislative leaders and Gov. Arnold Schwarzenegger. The minimum wage in California is $6.75 an hour. MORE

Businesses must meet federal tracking system
Silicon Valley/San Jose Business Journal, Aug. 28, 2006
More than 120,000 California businesses must comply by Sept. 5 with the largest statewide change in more than 20 years for hazardous waste management and transportation regulations. MORE

SEC proposes extended deadlines for Sarbanes-Oxley compliance
Silicon Valley/San Jose Business Journal, Aug. 21, 2006
The Securities and Exchange Commission wants to give small public companies more time to comply with the internal controls requirements of the Sarbanes-Oxley Act. MORE

VC survey finds Bay Area is still healthy, but up rounds have slowed
Silicon Valley/San Jose Business Journal, Aug. 18, 2006
The Bay Area continues to rebound from the depths of the dot-com bust, according to an analysis of venture financings in the region conducted by the law firm Fenwick & West LLP. MORE

California Employment Report: Employee confidence index rises, more workers confident in personal employment situation
Market WIRE, Aug. 16, 2006
The California Employee Confidence Index rose two points to 60.1 in July as more workers expressed confidence in their personal job situation. MORE

Bay Area home price rise slows as sales hit 10-year low
Silicon Valley/San Jose Business Journal, Aug. 16, 2006
Home sales in the Bay Area slowed to their lowest level in 10 years while prices increased at their slowest pace since spring 2003, a real estate information service reported Wednesday. MORE

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