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Report: More people leaving Silicon Valley

Published Wednesday February 22


Photo: Mv Voice

Healthy job growth resulting in housing shortages, worsening traffic

That’s the overarching message of the 2017 Silicon Valley Index a comprehensive look at the region that the nonprofit Joint Venture Silicon Valley released Thursday. The report shows that the area’s economy, nontheless, despite a slight slowdown from 2015, continues to chug along and serve as a magnet for people from all over the world. It also indicates, furthermore that the region’s economic inequality continues to grow and that its infrastructure is grossly inadequate.

Hancock also acknowledged that the region’s growth has its perils.

Article length: About 1400 words.
Tags: Scotts Valley
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