Jim Wunderman Quotes
What a difference three months makes. This is strong news for our economy and Bay Area workers. Last quarter, with the hurricanes and spike in energy costs, local confidence plunged to the worst level in 33 months, and many survey respondents were considering postponing new hiring. As we suspected, that now appears to have been only a momentary shock, and the Bay Area business community expects the region's economy to steadily improve.
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Difference | Months | Strong | News | Economy |
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The signs are about as bright as they've been for a long time. We've got the highest confidence in hiring that we've seen since we started doing the survey, with the biggest spread between employers planning to hire and those planning to diminish their workforce.
- Jim Wunderman
The Bay Area is not prepared for its next major disaster. The painful lessons that emerged from recent disasters in the United States drive our passion to protect the Bay Area. The aftermath of Hurricane Katrina revealed the unthinkable cost in terms of lives and money of haphazard planning and irresolute leadership. Not putting ferries on the Bay for disaster recovery is like New Orleans not strengthening its levees, knowing a hurricane was coming. The threats to the Bay Area are well known and we must act urgently to avoid repeating this tragedy.
- Jim Wunderman
