Report: High-tech job market has lost more than 400,000 jobs.

[moondust]

http://seattlepi.nwsource.com/local/aplocal_story.asp?category=6420&slug=WA%20High%20Tech%20Job%20Slump

SEATTLE -- Researchers at the University of Illinois in Chicago have confirmed what many high-tech workers have long suspected: The job market for technology experts remains bleak, years after the U.S. recession officially ended in late 2001.

The nation's information technology industry lost 403,300 jobs between March 2001, when the recession began, and April of this year, the researchers found.

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

~snip~

But he also attributes some of the job losses to corporations farming high-tech jobs out to overseas companies that promise to do such highly skilled work for lower wages.

~more~


Bush claims he's creating good, high-paying jobs. Where? (besides India)

[FloridaPat]

1. Then there are all the foreigners who are working here with much

lower wages than an American citizen. I've worked at several places where non-Americans are the rule. If we could just get rid of them - ship them home - I could go back to work.