San Jose Mayor Committed To Green Job Creation

Jan 15 2009 | 3:54am ET

The clean technology industry offered a bright spot in an otherwise dreary economic picture for the city of San Jose, Calif.

Mayor Chuck Reed vowed to push ahead with San Jose’s program to generate 25,000 green jobs in the Bay Area’s largest city, noting that 1,500 clean-tech jobs were created last year.

“San Jose and Silicon Valley have survived many economic downturns,” Reed said. “Our ability to innovate has pulled us out of economic slumps and made us stronger.”

The rest of the mayor’s annual state of the city speech focused on the city’s somewhat dire economic situation. San Jose may be forced to lay off as many as 20 city employees this monthm with hundreds of additional cuts possible. The city is facing a $60 million budget deficit.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...