Washington: Silicon Valley has a significantly higher no. of foreign-born employees with nearly three fourth of the workers in the field of computer and Mathe non-US citizens, a new report has said.
Thirty-seven percent of tech hub’s population are non-United State peoples who entered the country to fill a specific job in the tech industry, compare that to California’s 27% of the community that is from another country and a 13 percent national average, according to the Yearly report of the Joint Venture Silicon Valley.
This population share increases to 50 percent for the employed, core working age community (ages 25-44), and even higher for certain occupational groups.
Nearly three-quarter or 74% of Silicon Valley-employed computer and mathematical workers ages 25 to 44 in 2014 were foreign-born, the report said.
According to the report, uninterrupted growth of the Silicon Valley economy is swelling to new levels that have Bay Area housing, highways and transit bursting at the seams and hard pressed to accommodate the wave of prosperity.
“It’s exceptional, really, and a thing to celebrate,” said Russell Hancock, CEO of Joint Venture.
“This growth just keeps accelerating. We are now adding jobs at a rate we haven’t seen in 15 years, and that’s powering everything else. But with growth comes challenges and now we have to mobilize like never before,” he said.