Silicon Valley’s Dark Secret: It’s All About Age

From Tech Crunch:

An interesting paradox in the technology world is that there is both a shortage and a surplus of engineers in the United States. Talk to those working at any Silicon Valley company, and they will tell you how hard it is to find qualified talent. But listen to the heart-wrenching stories of unemployed engineers, and you will realize that there are tens of thousands who can’t get jobs. What gives?

The harsh reality is that in the tech world, companies prefer to hire young, inexperienced, engineers.

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My Comment: Sadly this is true. At 50 .... I know that I am over the hill. But at least I saved for this day when .... sad to say .... I become obsolete.

Silicon Valley 'Seeing Revival'

From The BBC:

Silicon Valley is stirring back to life, following a bruising economic downturn, according to industry insiders and start-up entrepreneurs.

The view seems to underscore Federal Reserve chairman Ben Bernanke's belief that the US recession has ended.

He told a Washington think-tank that "from a technical perspective the recession is very likely over".

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