czwartek, 6 marca 2014

Silicon Valley boom eludes many, drives income gap

People line up at the food pantry at Sacred Heart Community Service on Friday, Feb. 21, 2014, in San Jose, Calif. Silicon Valley is entering it’s fifth year of unfettered growth, with among the highest incomes in the U.S. and the largest share of high-growth, high-wage jobs. Those gains have doubled housing costs in the past five years while wages for low and middle skilled workers are stagnant. Homelessness and racial disparities are on the rise. (AP Photo/Marcio Jose Sanchez) SAN JOSE, Calif. (AP) — Arwin Buditom guards some of the most successful high-tech firms in America. Joseph Farfan keeps their heat, air and electric systems humming. But these workers and tens of thousands like them who help fuel the Silicon Valley's tech boom can't even make ends meet anymore. Buditom rooms with his sister an hour's drive from work. Farfan gets his groceries at a food pantry.








via Tech News Headlines - Yahoo News http://ift.tt/NySuu4

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