Tech sector gets hammered with job cuts

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Aron Schatz
Posted
March 19, 2003
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The overall market has been steady though. But the tech sector lost over 500 thousand jobs.

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The American Electronics Association (AEA), a trade group that represents 3,000 technology companies, said the U.S. high-tech industry shed about 560,000 jobs, reducing the number of jobs from a high of 5.7 million in January 2001 to 5.1 million in December 2002.

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