Tuesday, December 30, 2008

Tech Sector Economy

Not even Silicon Valley is immune to the economic downturn. Job Losses Hit the Tech Sector - Bits Blog
In the fine print of a jobs report published today is some mixed news for Silicon Valley.

For the first time in this downturn, the region lost jobs; it has 4,000 fewer jobs than it did a year ago at this time, and its unemployment rate is 7 percent, according to the Center for the Continuing Study of the California Economy, which analyzed the California Bureau of Labor jobs data.

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