The IT sector is the largest source of San Jose jobs, but other steadily growing sectors include education, manufacturing and health care. The city has a healthy economy and ranks at #54 on Forbes List of the Best Places for Business and Careers, with a ranking of #10 in job growth specifically.
At 2.7 percent, the unemployment rate is lower than the national average of 3.9 percent, and the median income is 20 percent higher than the state average and 27 percent higher than the national average, which bodes well for the job market. The job growth rate is also higher than the national average with recent growth at 3.34 percent and long-term growth expected to be 42.19 percent, significantly higher than United States at 37.98 percent.
Located in the heart of Silicon Valley, the largest and most active sector in San Jose is the IT industry. Adobe Systems is headquartered here, and Cisco Systems has several local offices, employing approximately 15,000 people. Major employers in nearby cities include Apple, Microsoft and eBay, and Lockheed Martin and NSG Technology provide thousands of technology manufacturing jobs.
Educational professionals, as well as those looking for research jobs, can find an abundance of choices in this area, which is home to a highly educated populace. Top universities such as University of California, Berkeley and Stanford are located nearby, providing locals with a chance to work at well-respected institutions that offer excellent compensation and opportunities for advancement.
Local healthcare professionals as well as administrative and support staff can find jobs at top-rated hospitals such as Stanford Health Center, El Camino Hospital and Kaiser Permanente Santa Clara Medical Center. The VA Palo Alto is highly rated, as is the Lucille Packard Children's Hospital, which is great for those who wish to work with the veteran or pediatric population.
San Jose provides numerous job opportunities across a spectrum of industries and sectors. With a strong local economy, job seekers should not have trouble finding or maintaining employment, especially in the tech industry.