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Report: Healthy job growth leads to housing shortages, traffic woes

Published Thursday February 23


Photo: Almanacnews

That’s the overarching message of the 2017 Silicon Valley Index, a comprehensive look at the region (defined as San Mateo County, Santa Clara County, Scotts Valley, Fremont, Newark and Union City) that the nonprofit Joint Venture Silicon Valley released Feb. 16.

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, that said 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 1560 words.
Tags: Scotts Valley
Read more at Almanacnews

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