Silicon Valley Tech Workers Earning Less Than in 2000
While some of the latest government wage data appears to show that Silicon Valley’s high-tech workers are making more now than they did in 2000, a closer look at the numbers shows that’s not exactly the case.
High-tech employees in Silicon Valley – including semiconductor, computer and software makers, Internet workers and scientific-research-and-development workers, among others–earned $130,700 per person in 2009, based on annualized wage data from the first half of last year, compared with $120,100 in 2000, according to the Bureau of Labor Statistics.
But adjusted for inflation, such workers made just $105,500 apiece in 2009 based on annualized data, or 12.2 percent less than those in 2000, the BLS said Tuesday as it released a report on trends in high-tech wages and employment since the dot-com area.
