The 2025 Silicon Valley Index reveals critical changes in the region's workforce demographics, indicating a rise in foreign workers due to an aging local workforce facing rising living costs. The report highlights considerable wealth concentration, with the top 10% earning 71% of total wealth, exacerbating social inequalities, including homelessness and food insecurity. Despite signs of economic recovery, job growth remains stagnant and tech companies are expanding outside the valley. Observers note the contradictions within the region, showcasing both innovation and inequality.
If Silicon Valley's liquid wealth were evenly distributed, it would amount to $1 million per household.
30% of Silicon Valley households are not self-sufficient, and 37% of children live in households at risk for food insecurity.
Most people would say those are the conditions for instability and revolt, said Joint Venture CEO Russell Hancock.
Employment has rebounded from the pandemic, but job growth is stagnant.
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