What Layoffs? Data Shows Silicon Valley Is More Boom Than Bust

“The only way we can accurately depict this is as an adjustment.”

But economists and industry watchers have increasingly pushed back on the gloom these layoffs have created.

And despite layoffs, the area added at least 22,000 more jobs through the end of the year.

When adding children, and the costs of childcare and preschool, the income needed increases “significantly.”

That could explain why people are leaving, the group said.

“There’s a lot of sorting out for our region to do.”