236,000 More Tech Jobs Lost In 2002

from the say-goodbye dept

The latest in a string of studies says that the US lost 236,000 more tech jobs 2002, which certainly doesn't sound good. The report also claims that there aren't very many encouraging signs in the last year. Of course, the vast majority of those jobs came in the manufacturing sector, which isn't all that surprising. As demand (and then production) drops, the need for all those manufacturing employees will drop as well. So, while some may try to spin this story to mean that programmers are getting thrown out of work left and right - that's not what the details of the study seem to imply (though, that doesn't mean programmers aren't losing jobs left and right).

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