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The state of Silicon Valley

The state of Silicon Valley

By Brittney Sherman

Even when considering the California exodus, tech sector layoffs, and headquarter relocations, the state of Silicon Valley is not all doom and gloom. Since June 2022, Silicon Valley has added 88,000 new jobs and has a current unemployment rate of 2%. Between 2020-2022, approximately 91,000 people left Silicon Valley, however 50% of them still live within driving distance. The recently announced 11,000 tech layoffs represent 0.7% of Silicon Valley’s total employment and experts predict the final layoff percentage to come in somewhere around 2%. Silicon Valley lost four major headquarters, but experienced 20,000 patent registrations: one of the highest numbers in the Valley’s history.

Every February Joint Venture Silicon Valley produces the Silicon Valley index, which measures the strength of our economy and the health of our community through research and indicator tracking. The index highlights challenges, celebrates wins, and provides an analytical foundation for decision-making. Go HERE to download your copy of the index or take a deep into the hard data and charts.


 
Morgan Hill makes Redfin's top 9 list

Morgan Hill makes Redfin's top 9 list

By Brittney Sherman

Morgan Hill was voted one of the top 9 San Jose Suburbs to live in, according to a recent blog post from Redfin. The City’s small-town vibe, outdoor recreation activities, open-air markets, community events, and deep historical roots are top selling points for many San Jose employees looking to work but not live in the “Capital of Silicon Valley.”

Read the full blog post HERE

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov


 
Mushroom Mardi Gras changes name and footprint in 2023

Mushroom Mardi Gras changes name and footprint in 2023

By Brittney Sherman

For more than 41 years, the Mushroom Mardi Gras has been a celebrated community event in Morgan Hill. This year, not only the name but the event layout and attendance will look different. Ongoing security concerns since the 2019 Gilroy Garlic Festival shooting and a two-year event hiatus due to the pandemic, have forced the event’s Board of Director’s to reimagine the festival. This year, the new and improved Morgan Hill Mushroom Festival will span Monterey Rd, Dunne Ave, and the Community & Cultural Center parking lot. To conform to required enhanced security protocols, chain-link fencing will be placed around the entire festival perimeter. To cover the cost of the enhanced security measures, estimated to cost around $60k, festival goers will be charged an entrance fee of $15 for adults and $10 for seniors and military. Children under the age of 12 will receive free admission. Attendees can expect to enjoy the same arts & crafts vendors, cooking demos, and live music that the festival is known for, just in a more controlled environment.

Read the full article in the Morgan Hill Life Newspaper HERE.


 
12 Halloween Events You Can't Miss

12 Halloween Events You Can't Miss

By Brittney Sherman

There are (12) spook-tacularly fun events happening this weekend in and around Morgan Hill. Watch our Instagram video to plan your calendar for the Halloween weekend.

Have questions? Contact City of Morgan Hill Economic Development Coordinator Brittney Sherman at Brittney.sherman@morganhill.ca.gov


 
October eNewsletter

October eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

·   Sales tax revenues continue to rise, but experts predict slower growth

·    Morgan Hill targets expanding retailers

·    City leads Manufacturing Week

·    Are you prepared for food recovery inspections?

·    Book a ride anywhere in Morgan Hill for $2.50

·    What you will see on the 2022 Local Election Ballot

·    Makers Market drives Shop Local effort

·    Ghouls and Goblins return to the Downtown

·    Morgan Hill in the news

·    Business Resources

Read the October 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov


 
Students Get A Glimpse Into The World of Manufacturing

Students Get A Glimpse Into The World of Manufacturing

By Brittney Sherman

In honor of National Manufacturing Month, celebrated every year in October, the City of Morgan Hill Economic Development Team took (42) high school students on in-person tours at two local manufacturing facilities.

The first tour was hosted by SunBasket, a food prep and delivery company that prepares millions of meals per week for hungry customers around the West Coast. Students were amazed by the intricacies of the food preparation and preservation process, and the chilly 33 degree temperature of the refrigerated spaces.

The second tour was hosted by Creative Manufacturing Solutions (CMS), a privately owned sheet metal company specializing in CNC punching, laser cutting, forming, welding, and in-house powder coating. CMS was a familiar location for a handful of students who were partaking in their second tour of the facility and also for two students who were already enrolled in the company’s internship program. Questions about the machines and punching process poured from first-time students driven by an interest in machining and the trades.

The day was rounded out with an afternoon pizza party, and because it was organized during tradition school hours, a quiz with some good natured competition between Live Oak and Sobrato Students.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov


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