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Thursday, March 20, 2003
Tech sector shed 236,000 jobs in 2002 - ASSOCIATED PRESS
The reeling high-tech industry shed another 236,000 jobs last year, continuing a two-year purge that shows few signs of easing, according to an industry report released Wednesday. The national tech employment, as defined by the federal government’s sometimes-imprecise classifications, totaled 5.15 million jobs at the end of 2002, a 4 percent drop from 5.38 million jobs at the year’s outset, according to an analysis by AeA, an industry trade group formerly known as the American Electronics Association. Since January 2001, high-tech employers have dumped 560,000 workers to pare their payrolls by 10 percent, according to the report.
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