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What Small Business is Up by Half?

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Agenda Item lll (b)

THE ECONOMIC and WORKFORCE SITUATION

May 2014 Snapshot

Unemployment for April 2014

San Jose-Sunnyvale-Santa Clara MSA was 5.4%, California 7.3%,

United States 5.9%, Santa Clara County was 5.3% and the city of San

Jose was 5.9%.

Source EDD May 16, 2014

San Jose-Sunnyvale-Santa Clara MSA Stats

Between April 2013 and April 2014

, total employment in the San

Jose-Sunnyvale-Santa Clara MSA, which also includes San Benito

County, rose by 38,600 jobs, or 4.0 percent. Private nonfarm

employment expanded by 4.1 percent over the year, adding 35,600

jobs.

Private educational and health services added 9,100 jobs

from last April. Private health care (up 4,800 jobs), social

assistance (up 3,400 jobs), and private schools (up 900

jobs net), each posted gains over the year.

Manufacturing gained 6,600 jobs, largely within durable

goods. Computer and electronic products accounted for

two-thirds of the overall increase in this major industry

group.

Professional and business services, up by a net 6,300 jobs,

marked its 48

th

consecutive monthly increase on a

year-over basis. Notable gains included computer systems

design (up 3,100 jobs) and employment services (up 2,000

jobs).

Other major industries recording increases of at least 1,700

jobs over the year included: information (up 5,600 jobs);

trade, transportation, and utilities (up 3,700 jobs);

government (up 2,600 jobs); construction (up 2,100 jobs);

and leisure and hospitality (up 1,700 jobs).

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Available Job Adds for San Jose-Sunnyvale-Santa Clara MSA

Prepared by: Work2Future Special Projects Team

Source: Wanted Analytics. Search criteria: available and new job ads, April 1-30, 2014. 0 20,000 40,000 60,000 80,000 100,000 120,000

April, 2010 October, 2010 April, 2011 October, 2011 April, 2012 October, 2012 April, 2013 October, 2013 April, 2014

Number of Unemployment vs Number of Available Job Ads

number of job ads unemployment

- 500 1,000 1,500 2,000 2,500

Retail Salespersons Industrial Engineers First-Line Supervisors of … Software Developers, Systems …

Computer Systems Analysts Network and Computer …

Web Developers Marketing Managers Computer Occupations, All Other

Software Developers, …

Top Occupations April 2014

- 500 1,000 1,500 2,000 2,500 3,000 3,500

Accommodation and Food Services Finance and Insurance Wholesale Trade Educational Services Administrative and Support and … Health Care and Social Assistance

Information Retail Trade Manufacturing Professional, Scientific, and …

(3)

In-demand Occupations and Skills by Education in Job Ads April 1-30, 2014

San Jose-Sunnyvale-Santa Clara MSA

GED/Highschool

301 284 167 166 143 113 107 87 80 74 Supervisors of Retail Sales …

Retail Salespersons Customer Service Rep Heavy and TT Truck Drivers Supervisors of Food Workers

Supervisors of Adm Support … Executive Secretaries and Adm …

Tellers Stock Clerks and Order Fillers Medical Assistants

Top Occupations

73 60 59 57 51 47 47 47 46 46 0 50 100 Lowe's Best Buy Wells Fargo Whole Foods Stanford University Sutter Health Nordstrom State Farm Macy's Bank Of America

Employers

175 70 62 61 58 44 40 32 32 26 0 50 100 150 200

Commercial Driver's License Basic Life Support First Aid Certification Cardiopulmonar Resuscitation Occupational Safety &HAC Food Safety Programs CCB Medical Assistants DOT Medical card Certified Registered Nurse Mortgage Licensing System

Skills and Cerifications

(4)

In-demand Occupations and Skills by Education in Job Ads April 1-30, 2014

BS and Beyond

Prepared by: Work2Future Special Projects Team Source: Wanted Analytics. April 1-30, 2014

2261 1268 975 787 649 538 531 419 316 297 0 500 1000 1500 2000 2500 Software Developers, Applications

Marketing Managers Computer Occupations, All Other Web Developers Network and Computer Systems …

Software Developers, Systems … Computer Systems Analysts

Industrial Engineers Management Analysts Accountants and Auditors

Top Occupations

203 150 124 111 108 83 82 77 75 60 0 50 100 150 200 250 Certified Public Accountant

Certified Registered Nurse Project Management Professional

Nationwide Mortgage … Basic Life Support Sensitive Compart Information Cisco Cert Network Associate Project Management Institute CIS Security Professional Occupational Safety & HAC

Skills and Certifications

676 335 323 308 293 244 235 214 183 180 0 200 400 600 800 Apple Inc. eBay Inc. Stanford University Google Inc. VMware Hewlett-Packard Company Amazon.com NetApp Broadcom Sandisk Corporation

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by Mark Bonchek

Chief Catalyst of Orbit & Co. Harvard Business Review Blog Network | March 10, 2014

The Best Cities for Small Business

(Infographic)

By

Amy Whyte

Inc.

It's

National Small Business Week

, and for the

first time, events will take place in multiple cities

across the country. With many metropolitan areas

rapidly becoming hotbeds for startups, it's a fitting

move for the event. But where are small

businesses thriving the most? A new study

from

Biz2Credit.com

examines how a number of

U.S. cities measure up.

The study, which defines a small business as a

company with fewer than 250 employees or less

than $10 million in annual revenue, analyzed

more than 12,000 businesses that have been in

operation for at least a year. The findings place

San Jose in the top spot, on the basis of a

weighted score that includes annual revenue,

credit scores, and the average age of the city's

small businesses. Detroit, Denver, Los Angeles,

and San Francisco round out the top five.

Check out the infographic below from

Merchant

Warehouse

to find out how your city compares in

terms of annual revenue and average credit score.

f Orbit & Co. National Small Business Week Biz2Credit.com Merchant

References

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