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High Tech News

Study: High-Tech Industry on the Mend

Wednesday, April 27, 2005 6:08:11 PM
By JOHN CHRISTOFFERSEN

STAMFORD, Conn. (AP) - The nation's high-tech industry is healing after a severe four-year downturn, with job losses leveling off and exports and investments on the rise, according to a trade group report.

The industry lost 25,000 jobs last year, compared with 333,000 job losses in 2003 and 612,000 in 2002, according to AeA, which represents 2,500 American high-tech companies.

The industry has lost about 1 million jobs since 2001, when there were 6.6 million jobs.


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