About: Hourglass economy in Silicon Valley

Facets (new session)
Description
Metadata
Settings
- Rule:
- Inverse Functional Properties:
- "Same As":

About: Hourglass economy in Silicon Valley Goto Sponge NotDistinct Permalink

An Entity of Type : owl:Thing, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
QRcode icon

http://dbpedia.demo.openlinksw.com/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FHourglass_economy_in_Silicon_Valley&invfp=IFP_OFF&sas=SAME_AS_OFF

Economic conditions in Silicon Valley have led to categorization of the region as an hourglass economy, a type of socioeconomic phenomenon that favors the disproportionate growth of the upper and lower classes with comparatively weak development of the middle class. This economy is typically a characteristic of highly developed nations and regions that experience a steady influx of capital, invest heavily in research and development, and have a high cost of living.

Attributes	Values
rdfs:label	Hourglass economy in Silicon Valley (en)
rdfs:comment	Economic conditions in Silicon Valley have led to categorization of the region as an hourglass economy, a type of socioeconomic phenomenon that favors the disproportionate growth of the upper and lower classes with comparatively weak development of the middle class. This economy is typically a characteristic of highly developed nations and regions that experience a steady influx of capital, invest heavily in research and development, and have a high cost of living. (en)
dcterms:subject	Economic inequality in the United States Silicon Valley
Wikipage page ID	58977436 (xsd:integer)
Wikipage revision ID	1084563103 (xsd:integer)
Link from a Wikipage to another Wikipage	San Francisco Bay Area Homelessness Hourglass economy United States Department of Housing and Urban Development Infrastructure Construction Bay Area Council Silicon Valley Steve Case Stockton, California Supply and demand Middle class Austin, Texas Tim Ferriss Basic needs Social class Texas San Francisco housing shortage Economic inequality in the United States Silicon Valley Transport Subprime mortgage crisis Great Recession Great Recession in the United States Income inequality in the United States Information technology Oregon Redfin Seattle Upper class Socioeconomics
sameAs	Hourglass economy in Silicon Valley Hourglass economy in Silicon Valley
dbp:wikiPageUsesTemplate	dbt:Quote dbt:Reflist dbt:Short_description
has abstract	Economic conditions in Silicon Valley have led to categorization of the region as an hourglass economy, a type of socioeconomic phenomenon that favors the disproportionate growth of the upper and lower classes with comparatively weak development of the middle class. This economy is typically a characteristic of highly developed nations and regions that experience a steady influx of capital, invest heavily in research and development, and have a high cost of living. Since 2010, median wages for lower-skilled occupations like those in construction, transportation, and service industries have declined in Silicon Valley, while the share of high-income households has risen by nearly 10 percentage points. As of February 2018, nearly a third of households in the region earn less than the self-sufficiency standard, the income needed to cover basic expenses without private or public assistance. Income inequality has been compounded by the rise of housing costs and a shortage of affordable housing in markets such as San Francisco. Recent reports indicate that the homelessness crisis in Silicon Valley is one of the worst in the United States. The region has drawn national scrutiny from journalists, economists, and the general public for failing to address the widening economic disparities, given that Silicon Valley receives almost half of all venture capital investments in the United States and leads the nation in GDP growth. Advocacy groups like Silicon Valley Rising and Palo Alto Forward have made attempts to propose policy changes on behalf of low-income and historically discriminated populations in the Bay Area. (en)
prov:wasDerivedFrom	wikipedia-en:Hourglass_economy_in_Silicon_Valley?oldid=1084563103&ns=0
page length (characters) of wiki page	23042 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Hourglass_economy_in_Silicon_Valley
is foaf:primaryTopic of	wikipedia-en:Hourglass_economy_in_Silicon_Valley

Faceted Search & Find service v1.17_git139 as of Feb 29 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 59 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software