Tech is powering the Silicon Valley’s economic recovery, but a lack of educated workers may be bottlenecking that recovery. This could be a devastating problem for the region as tech related businesses compose over thirty-three percent of the financial power of the Silicon Valley. Much of this growth comes from start-ups that require a new workforce full of highly technologically educated employees. However, the Bay Area is proving incapable of producing the massive amounts of these candidates.
The shortage of technology workers is forcing many Silicon Valley employers to reach overseas to fulfill their needs. To keep the high-tech jobs in the area, California may need to place greater focus on educating students in the areas of math, science, technology, and engineering. As businesses continue to grow, this will become a greater problem. Also, as businesses grow it becomes more important to hire an experienced business lawyer. Call the highly qualified business attorneys with the Wade Law Group at (888) 909-9430 for a free consultation.