Silicon Valley Deletes Middle-Income Jobs

It's a sign of economic confidence

(NEWSER) - February saw 2 million Americans quit their jobs—the most since November of 2008. And that's a very good sign for the rest of us, the Wall Street Journal notes. Quitting points to confidence in the economy, analysts say: If people don't think they'll be hired elsewhere, they tend to stick to their jobs. More than 3 million people quit their jobs per month before the recession; the figure fell to a record low 1.6 million in September 2009. More»

Columbus, Indiana, and Casper, Wyoming top employment list

(NEWSER) - Recession—that's a big-city thing, right? Several mid-size cities around the US are making an argument for their economic superiority, boasting job growth higher than the 1.5% national average in 2011. You may not know these cities well, but the Christian Science Monitor recommends them:

1. Columbus, Indiana: No, not Ohio's Columbus: Indiana's version had 10% growth from 2009 to 2010, making it the best economic rebounder during the Great Recession. Jobs are up 6.4%.

This essential question needs to be answered, but it's complex

(NEWSER) - We toss around the phrase all the time, but how do we define what makes a “good job” good? It’s a key question—and a complex one—as we look to the future of our economy, writes Michael Lind in Salon . Among the factors:

• Unions: We often call manufacturing jobs “good” ones, but that wasn’t the case until they were unionized. Service-sector jobs, meanwhile, are often seen as "bad" jobs, but they might see huge benefits from unionization.

Analysts: Just look around Silicon Valley for proof

(NEWSER) - Don't look now, but another tech bubble is upon us. Signs "have been appearing over the last year—seed and late-stage valuations are rapidly inflating, hiring talent in Silicon Valley is the toughest since the last bubble and investors are starting to openly wonder how this one will end," writes Steve Blank in the Huffington Post . A USA Today analysis agrees, noting investors' insatiable appetite for web startups and the coming swarm of IPOs, though it says things aren't nearly as crazy as they were in 2000. More»

Venture capitalist thinks it will be the new tech hub

(USER SUBMITTED) - In an interview in GigaOM , veteran NYC-based venture capitalist Fred Wilson is bullish on New York City as the next major center of technological innovation. He says that Internet companies based in the city are being flooded with venture capital at the same magnitude as Silicon Valley start-ups. More»