Saturday Stats: San Jose is the second best city for young professionals

Forbes has completed their annual study on the best cities for young professionals, and we fared quite well. Criteria for the study included the quality of jobs for graduates, salaries, job growth, unemployment rates, and cost of living in the 100 largest metro areas. The San Jose Metro came in second on their list despite the astronomical cost of living. When it came to salaries, we were #1 with a median salary of $78,400 for workers with five years of experience or less. You can check out the full list over here.

In related news, the SJSV Chamber is hosting a special event specifically for young professionals in Silicon Valley. This is part of their "SV Next" initiative and you can learn more about that below.

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San Jose, Calif— The San Jose Silicon Valley Chamber of Commerce is proud to see San Jose included in yet another prominent national list, this time in Forbes’ 20 Best Cities for Young Professionals.

“San Jose and the Silicon Valley continue to be the place for educated young professionals to not only start their career but to also take it to the next level,” said Matt Mahood, San Jose Silicon Valley Chamber of Commerce President & CEO. “That is why the SJSV Chamber is relaunching our young professionals program, SV Next, to assist in helping them network, develop professionally and give back to their communities.”

SV Next is comprised of young professionals from Silicon Valley companies—including NowCFO, SAP, and Ameriprise Financial—between the ages of 21 and 39. It officially relaunches with a networking mixer on April 20, at Scott’s Seafood and offers young professionals a chance to meet, mingle, network and connect as well as meet established professionals who can become their mentors.

“SV Next strives to be the one-stop-shop for young professionals in Silicon Valley,” said Chloe Verrey, SV Next Chair. “Our programming addresses the needs of mid-career individuals, those entering the workforce and transplants to Silicon Valley. Establishing meaningful connections and providing professional development experiences for our members within the context of our Valley will enable them to advance their careers.”

Young professionals have always been one of the Valley's greatest assets. Just last year, San Jose's own institution of higher learning—San Jose State University—cemented its value to Silicon Valley employers when Jobvite named it one of the top workforce provider to some of the Valley's heavyweights, including Apple, Cisco and Hewlett Packard. San Jose also holds a greater share of total STEM graduates [29%], compared to the national average of 15%, and higher even than the average held by STEM global leader Finland [22%]—a crucial key for young professionals looking to attain high-paying jobs within the advanced industry sectors.

"There are many opportunities for young professionals in this Valley," Verrey said. “With the diversity of companies and people in San Jose, it's no surprise that we made this list.”

SV Next is looking to engage young professionals in unique networking and professional development opportunities. In 2016, the group aims at working with partners focused on leadership training, professional advancement and community service. For additional information or to join, email here.