Navigating 'Waithood': The Socioeconomic Impact on Highly Skilled Chinese Emigrants in the Silicon Valley

Abstract

This paper investigates the socioeconomic impacts of waithood on highly skilled Chinese emigrants in Silicon Valley. Waithood is primarily characterized by underemployment and delayed career progression which leads to extended adulthood. In this regard, it was found that systematic barriers such as visa restrictions, along with discrimination and market competition, contribute to this global youth iss ue. The study uses a theoretical approach to examine the factors that influence waithood. In Silicon Valley, waithood manifests as prolonged periods of underemployment and financial instability. It also leads to delays in achieving life milestones that include buying a house, getting married, and forming a family. The findings also reveal that waithood hinders career advancement. It enhances economic instability and causes long-term psychological and social effects. It is therefore imperative for policymakers and industry leaders to formulate policies that enhance the integration and utilization of the talented Chinese workforce. Simultaneously, it is also essential to promote a more inclusive and equitable environment in Silicon Valley.