To: longnshort who wrote (54512 ) 5/14/2014 7:07:27 AM From: 2MAR$ Read Replies (1) | Respond to of 69300 It has snowballed already, but also a normal part of boom/bust cycles & business migrations, as in some businesses are leaving the US altogether and so went the jobs overseas --->poof. Who you going to call, the ghostbusters in the GOP? ( a bipartisan national issue of course) As for the north we're still doing quite well, you shud be proud, try & keep your facts straight bubba...The Valley is a leading global hub for high-tech R&D and entrepreneurship, and accounts for 1/3 of all venture capital investment in the United States. AREA ECONOMICS Roughly covering the southwestern region of the San Francisco Bay Area, Silicon Valley is home to approximately 2.9 million residents, hundreds of blue-chip technology companies, and thousands of start-ups.1 The Valley is a leading global hub for high-tech R&D and entrepreneurship, and accounts for 1/3 of all venture capital investment in the United States.2 According to Forbes, the San Francisco/San Mateo/Redwood City metro area currently has the strongest economy in the U.S., largely led by the technology and information sectors and robust local housing market. Much the same can be said about the San Jose/Sunnyvale/Santa Clara metro division (Southern Silicon Valley), which holds a #7 ranking on Forbes’ “Best Big Cities for Jobs 2013” list due to 3.4% job growth last year and 25% growth in information jobs since 2007. 3 Census data also shows that these tech jobs can be highly remunerative – nearly 16% of Silicon Valley residents rank in the richest 5 percent of the country (second in the nation for wealth concentration).4 The area’s unemployment rates for August 2013 stood at 6.7% for Santa Clara County and 5.3% for San Mateo County, showing improvement from 8.7% and 6.9% respectively from August 2012. In comparison, California’s overall unemployment rate stands at 8.9% (down from 10.4% from August 2012). The national unemployment rate decreased in August to 7.3%. Kick ass beautiful area, fresh air, zero pollution , like no other