More Than 500,000 High Tech Jobs Lost in 2002

stoolpigeon writes: "A study, released today by the AeA, shows that the U.S. high-tech industry lost 540,000 jobs in 2002, dropping from 6.5 million to 6.0 million. However, a preliminary look at data for 2003 shows that the decline in high-tech employment has slowed considerably this year."

Comments

Re:Jobs Lost?

[jagapen]

Outsourced management. I'm sure there's a CEO over in India who'd run the company for less than a quarter the compensation an American CEO expects. Plus, he'd be close to the workers!

Re:My Experience

[Cajun Hell]

I give the applicant my laptop, with a series of programming problems that should take no more than 15 minutes to solve.

Without exception, everybody fails or takes WAY too long to solve.

Yeah, I lost a job opportunity, but I still think I came out ahead -- whenever I think about the expression on your face when you realized I wasn't bringing your laptop back.

On the downside, I do hate your DVORAK keyboard layout. It took me 40 minutes to type this post. No wonder any of the other applicants ever finished their assignments.