Here’s food for thought . . . If we want to increase employment, then let’s learn from employers.
Annually, the Silicon Valley Leadership Group conducts a “CEO Business Climate Survey,” seeking direct input from the innovators and entrepreneurs who drive our region’s economy.
This year, 222 executives responded. The results are enlightening:
- Last year, 2013, 62 percent added jobs in Silicon Valley, with only 9 percent subtracting jobs.
- This year, 2014, 59 percent expect to add jobs here in Silicon Valley, with only 4 percent anticipating job losses.
Indeed, Silicon Valley continues to lead California and our country when it comes to job growth and economic recovery.
So what do employers, and our employees, need from policy makers to stay successful in innovation and job creation?
- Locally, CEOs call for improvements on our local streets, roads and transit systems so that employees and their families can get around. We need quality schools for our children, and homes that working families can afford.
- At the state level, we need meaningful investments in infrastructure to repair aging roads and ease traffic congestion. We need sensible solutions to the high cost of housing and investments in K-12 and higher education.
- From Congress, we need immigration reform that ensures the best and the brightest can compete for our companies rather than against us, and tax reform that is fair to workers and keep our companies competitive.
This year’s CEO Business Climate Survey underscores that executives are willing to speak out, to search for solutions, to invest in answers. Silicon Valley’s innovation does not end within the walls of our companies, it extends through the neighborhoods in our communities.