With the US economy expected to hit another three-year contraction in the second quarter of 2019, tech jobs are poised to lose more than half their value by 2024.
According to the National Bureau of Economic Research, the US has lost about 10% of its job market value in the last two decades, while the rest of the world is on the rebound.
However, in Silicon Valley, the best-paying jobs for millennials and tech workers have long been in the software and technology industries, and these jobs are increasingly popular with people from the working class.
In the last few years, some of the best and most successful tech jobs in the country have been located in the suburbs of cities.
This is why, in recent years, the Valley has seen a massive influx of young, talented people who can find jobs at tech companies in the heart of the city.
According the Brookings Institution, these jobs pay $80,000-$90,000 a year, and include some of America’s best-paid positions.
This, coupled with the rising cost of living in the Valley, means that many of these workers are being pushed to move back in with their parents or relatives, which could put a strain on the housing market.
Some experts believe that the next round of job losses are inevitable.
“I think it’s a really good time to look at the future and the future of technology in the United States,” said David Berenson, an associate professor of economics at the University of Pennsylvania.
“If we can’t find a way to keep up with the demand for tech jobs, then we’re in trouble.”
Berenson says that the current recession is likely to be worse than the one that began in 2007.
He thinks that the tech industry is also going to face an existential crisis as the world warms.
“There’s going to be a real crisis in technology and the tech sector,” he said.
“The demand for talent is going to rise.
There’s a big difference between technology jobs and the people that need to make a living in a factory or an office.”
While there are plenty of jobs for the young tech workers, some experts say that the Valley needs to find a solution to the growing tech workforce problem.
According a report released by the Center for American Progress, a liberal think tank, the unemployment rate for millennials is already four times higher than that for people between the ages of 25 and 34.
The number of young people who are unemployed in the US is expected to double by 2020.
This means that the job market for young tech jobs could be even more bleak than the job markets for people from older generations.
According as the Brookings report, one of the biggest problems for the Valley is the lack of training for workers in this generation.
“It’s a real problem,” Berenman said.
Make sure tech companies and startups are hiring and building the skills of young tech employees, and the workers who do find those jobs, rather than just hiring more people.
“It’s not just the tech companies that need this.
There are a lot of other tech companies out there,” Berensson said.