Silicon Valley job market hardest hit

[David Farber <dave () farber net>]

Begin forwarded message:

From: Dewayne Hendricks <dewayne () warpspeed com>
Date: September 14, 2004 11:17:11 PM EDT
To: Dewayne-Net Technology List <dewayne-net () warpspeed com>
Subject: [Dewayne-Net] Silicon Valley job market hardest hit
Reply-To: dewayne () warpspeed com



[Note:  This item comes from reader Claudio Gutiérrez.  DLH]

> From: Claudio Gutiérrez <gutierrezclaudio () terra cl>
> Date: September 14, 2004 7:46:02 PM PDT
> To: dewayne () warpspeed com
> Subject: Silicon Valley job market hardest hit
>
> The US high technology sector lost more than 400,000 jobs between 
> March 2001 and April this year, with more than half the job cuts 
> coming after the recession officially ended in November 2001, 
> according to a report from the University of Illinois-Chicago.
>
> The report said the US high-tech job market shrank by 18.8 per cent to 
> 1,743,500 workers during the three-year period studied. San Francisco 
> and San Jose, at opposite ends of Silicon Valley, were among the 
> hardest hit cities, losing 49 per cent and 33 per cent, respectively, 
> of their jobs.
>
> <snip>
>
> <http://news.ft.com/cms/s/f64dc7fe-06a0-11d9-b95e-00000e2511c8.html>


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