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Silicon Valley Hiring Boom And The National Job Picture

In the midst of still-high unemployment, there’s a hiring frenzy on for engineers in Silicon Valley. We’ll check it out.

The cafeteria at Google's Silicon Valley campus. (brionv/Flickr)

The cafeteria at Google's Silicon Valley campus. (brionv/Flickr)

Private data out this week showing more hope on the jobs and hiring front.

Payrolls up more than 200,000 a month so far this year, compared to just over 70,000 a month last Fall. There is still a huge overhang of unemployment to tackle.

In at least one corner of the economy, hiring is white hot — Silicon Valley is on a tear. Clamoring, competing for software engineers and the kind of folks that make Facebook run.

Salaries, perks, bonuses – all getting giddy. Free massage. Yoga lessons. Maybe a new bubble.

This hour On Point: Silicon Valley guns for new hires.

- Tom Ashbrook

Guests:

Marc Lifsher, business reporter for the Los Angeles Times.

Sophia Koropeckyj, managing director for Moody’s Analytics. She covers national labor markets.

Doug Henton, chairman and CEO of Collaborative Economics.

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ONPOINT
TODAY
Oct 23, 2014
Specialist Ronnie Howard, center, calls out prices as he works at his post on the floor of the New York Stock Exchange Thursday, Oct. 16, 2014. Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear. (AP)

The global economic wobble. Europe weakness. China fears. Wild markets. We’ll lay out the global economy now.

Oct 23, 2014
A screenshot from the interactive game, "Depression Quest," the game at the root of the ongoing #GamerGate controversy. (Courtesy  "Depression Quest")

#GamerGate. Sexism, misogyny and rough stuff in a video game world culture clash.

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On Point Blog
On Point Blog
Introducing The Explicast: A New Podcast From On Point Radio
Friday, Oct 17, 2014

Confused about the news? Don’t worry: so are we sometimes! Introducing a new On Point Radio podcast: The Explicast. You can find Episode One right here.

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Two LIVE Tracks From Jazz Violinist Regina Carter
Friday, Oct 17, 2014

Regina Carter shares two live tracks — one arrangement, and one original composition — with Tom Ashbrook in the On Point studio.

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Our Week In The Web: October 17, 2014
Friday, Oct 17, 2014

We talk Facebook mishaps, whether Katy Perry was actually right and the glory of architectural giants and their iconic windows.

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