Tech Companies Fuel Silicon Valley Job Growth

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    NEWSLETTERS

    San Jose, like the rest of the country, has seen a boost in hiring, and a drop in the jobless rate thanks largely to tech companies adding staff. A report released Friday said the nation's jobless rate fell to 7 percent. Scott Budman reports. (Published Friday, Dec 6, 2013)

    Business is good for Zazzle.

    The San Jose-based online retailer recently opened its second giant manufactring facility and hired 800 new employees to run it.

    San Jose, like the rest of the country, has seen a boost in hiring, and a drop in the jobless rate thanks largely to tech companies like Zazzle adding staff. A report released Friday said the nation's jobless rate fell to 7 percent.

    MORE: Jobless Rate Hits 5-Year Low; 203K Jobs Added

    The construction industry, which had been struggling for years, is also benefiting from the improving employment rates with new projects.

    View more in Scott Budman's report.