[IP] Silicon Valley job market hardest hit
Begin forwarded message:
From: Dewayne Hendricks <dewayne@xxxxxxxxxxxxx>
Date: September 14, 2004 11:17:11 PM EDT
To: Dewayne-Net Technology List <dewayne-net@xxxxxxxxxxxxx>
Subject: [Dewayne-Net] Silicon Valley job market hardest hit
Reply-To: dewayne@xxxxxxxxxxxxx
[Note: This item comes from reader Claudio Gutiérrez. DLH]
From: Claudio Gutiérrez <gutierrezclaudio@xxxxxxxx>
Date: September 14, 2004 7:46:02 PM PDT
To: dewayne@xxxxxxxxxxxxx
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.
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