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News

  • UBER RAISED $8.1 Billion Today! How will this affect the Bay Area Job Market ?
    2019 - 05 - 09

    EO Jobs & Careers

    May 9, 2019


    SAN FRANCISCO, California
    Today, Uber, one of the most ambitious and controversial technology companies to emerge in recent years, had its Initial Public Offering (IPO).  As experts had predicted Uber raised $8.1 billion in its IPO. It now has a market value of $75.5 billion.  It sold 180 shares at a price of $45 each.    To the average person that is very interesting considering that, since its inception, UBER has lost a ton of money and it continues to do so.  Nonetheless, the IPO has raised alot of cash. Uber drivers around the world had a “High-Tech Walkout” yesterday when they turned off their Uber App.  
     
  • CHANGING COMPENSATION COSTS IN THE SAN JOSE METROPOLITAN AREA- MARCH 2019
    2019 - 04 - 15

     
    EO Jobs & Careers  

    April 15, 2019


    SAN JOSE, California 

    Total compensation costs for private industry workers increased 3.0 percent in the San Jose- San Francisco-Oakland, California metropolitan area for the year ended March 2019, the U.S. Bureau of Labor Statistics reported.  Assistant Commissioner for Regional Operations Richard Holden noted that one year ago, San Jose experienced an annual gain of 4.4 percent in compensation costs.  


     
  • BAY AREA WAGES ON THE RISE
    2019 - 01 - 01

    EO Jobs & Careers
    January 1, 2019
    SAN JOSE, California
    Nine cities around the Bay Area already have hit the $15 target today. They include Mountain View and Sunnyvale, which will be requiring businesses to kick in an extra 65 cents in 2019 for inflation to $15.65 per hour– the highest in Santa Clara County.  Workers in Richmond, El Cerrito, San Jose, Palo Alto, Los Altos, Cupertino and Santa Clara will all make at least $15 per hour starting Jan. 1 — a jump from current minimums in those cities that range from about $13 to $13.60 an hour. In San Mateo, minimum wage will go to $15 per hour for all jobs except those at 501(C)3-classified nonprofits, which will have a $13.50 minimum wage.
     
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