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SILICON VALLEY, Calif. (KGO) In a little more than three weeks, we will hit one year since the Bay Area went into pandemic lockdown. The nearly year-long pandemic has hammered Silicon Valley, creating new problems and making existing ones worse. The analysis contained in Joint Venture s new Silicon Valley Index points out, for example, that unemployment brushed close to 12 percent, worse than during the 2008 recession and the dot-com bust. It was upwards of 30 percent for some segments of our population, particularly those who were earning poverty wages, said Rachel Massaro, research director at Joint Venture Silicon Valley s Institute for Regional Studies.

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