Silicon Valley Loses Middle-Wage Jobs
Sam Sherraden -
February 18, 2008 - 7:00pm
Despite strong aggregate job growth in Silicon Valley, middle-wage occupations such as secretaries and customer support positions are disappearing while the number of lower-wage jobs is on the rise. Middle-income jobs in Silicon Valley declined from 2002-2006 from 52% to 46% and lower wage jobs increased from 22% to 27%.
Snapshot asks, is this trend assoicated with the technology industry a sign of the wider American economy and inherent to technology-fueled growth?
New York Times: Silicon Valley Losing Middle-Wage Jobs
Joint Venture: The Silicon Valley Index
Wall Street Journal: Silicon Valley Continues On Economic Comeback
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