Posted 2/28/2024, 5:00:00 PM
Silicon Valley Tech Jobs Rebound, Venture Investment Dips But Remains Strong
- Silicon Valley job levels rebounded from pandemic losses, with a net gain of 2,700 tech jobs from mid-2022 to mid-2023
- Major tech companies like Meta and Google still have thousands more local employees than pre-pandemic
- Venture capital investment declined for the 2nd straight year but remains strong at $30 billion
- Population declined over the past 3 years but ticked up in the latest year as outflow slowed
- Average tech salaries remain very high at $189k; median income double the national median