Jobs are not a scarcity in the year 2016 for the Silicon Valley. A survey taken states that 64% of companies in the Silicon Valley intend to hire more people in the coming year, a stark increase from the 59% of companies intending to do so in 2014. Thus suggesting that the area slated for further economic growth and more job prospects for new graduates. This is great news because recent studies show that there is a sharp increase in the amount of qualified recent college graduates who are in search of a job. The Bay Area is shaping up to be a haven for a new, higher-caliber work force and prosperity.
According to Mercury News, Santa Clara, San Mateo, San Francisco, Southern Alameda and Northern Santa Cruz will be the haven of this job outreach due its ideal location spot. The Silicon Valley is no longer in recovery or rebound from the 2010 job scarcity issue, but rather in full expansion. A key factor to the economic prosperity is the Silicon Valley’s importance is it’s technological advancements. Due to society moving towards this new age and Silicon Valley’s close relationship to technology, it can be suggested that more prosperity on the horizon in the following years. It is no doubt an exciting time to be in the Bay Area.
With so much opportunity, positions must be filled from qualified candidates from all over the country. There are more positions than eligible candidates, thus sparking the search for potential employees from areas outside Silicon Valley and starting the relocation process. With so many new positions being offered in the Bay Area, college graduates have a brighter future ahead than was previously portrayed during the 2010 job crisis. Experts suggest that this economic boom has many years to run; finally giving college graduates a much-needed sigh of relief.