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High-Tech Sector Lost 403,300 Jobs in 3 Years

From Associated Press

The U.S. information tech sector lost 403,300 jobs from March 2001 to April this year, and the market for tech workers remains bleak, a report says.

Perhaps more surprising, just over half of those jobs -- 206,300 -- were lost after experts declared the recession over in November 2001, say the researchers from the University of Illinois-Chicago.

The job market for high-tech workers shrank by 18.8% to 1,743,500 over the period studied, the researchers said.

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