Silicon Valley Dichotomy—A Deeper Dive

Young adults in Silicon Valley, especially those from immigrant families, struggle to cope with insufficient incomes, according to findings described in Silicon Valley Dichotomy II, a study commissioned by work2future

The Dichotomy II study, conducted by Keen Independent Research LLC, offers a focused look at key issues first reported in the original Silicon Valley Dichotomy study released ia year ago, especially the challenges that young adults must wrestle with in making their way.

Keen Independent's research supports findings first reported in the 2017 Silicon Valley Dichotomy study, that about four in ten Santa Clara County households are living in some form of economic distress, in sharp contrast to the popular view of widely shared prosperity in a region where median and average incomes are among the highest in the nation and unemployment is among the lowest. A chief contributor to the region's economic dilemma, although not the only one, is the high cost of housing. However, trends in the labor market have made overcoming economic distress ever more challenging.

Dichotomy II affirms that certain populations in the county are much more likely to be in economic distress than the county as a whole. Most especially, youth/young adults from Latino and Vietnames immigrant familites are likely to experience economic distress, as are first- and second-generation immigrant youth/young adults in the Filipino and African/African American communities. The researchers describe the barriers they face, ways in which they cope and the implications for how work2future carries out its mission

Read the report at www.work2future.biz/images/SiliconValleyDichotomyII_rel062118.pdf.

SV Dichotomy II