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December 2, 2008 10:53:05 AM CST



Silicon Valley Deletes Middle-Income Jobs

Posted Feb 19, 08 4:23 PM CST in US Business Technology 

(Newser) – Silicon Valley is bleeding middle-income jobs, the New York Times reports. Clerks, secretaries, service reps and others earning $30,000 to $80,000 a year fell from 52% to 46% of workers from 2002 to 2006, according to a new report. The trend threatens the region's upward-mobility track, one author of the 2008 Index of Silicon Valley report said: “If you lose the middle, it’s harder to support the top."

The report did offer good news for the region. It is outpacing the nation in overall job gains, partly due to a rise in median household income and international talent flowing into the state. But a 4% rise in low-wage jobs still highlights a growing workplace divide in the nation's tech capital.

Source New York Times

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Downtown San Jose is seen in this undated file photo. Economic worries have economists theorizing that Silicon Valley is losing middle-wage jobs.   (Shutterstock.com)
Silicon Valley's capital city San Jose, California as seen in this 2007 aerial photo. The nation's richest technology hub is in danger of creating it's own "digital divide" as economic slowdown reduces...   (Getty Images)
The loss of middle-income jobs in Silicon Valley can make it "harder to support the top," one author of the "2008 Index of Silicon Valley" report said.   (Shutterstock.com)
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