High-Tech Industry Isn't the Solution to the Recession

You may have been surprised by the news this week, announced by the U.S. Bureau of Labor Statistics ("After the Dot-Com Bubble: Silicon Valley High-Tech Employment and Wages in 2001 and 2008"), that wages have continued to climb in Silicon Valley right through this recession. Indeed, the BLS statistics suggest that, in real terms, wages have jumped an average of $35,000 per year since 2001 for the average Valley technology worker, and that, in the words of reporter Scott McGrew of KNTV-NBC,...Full Story
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