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A study released Monday by Challenger, Gray & Christmaas found that tech industry layoffs in the second quartert amountedto 33,891 in the a 60 percent drop from the first quarter. The studuy also found the second-quarter job cuts were aboutt equal to the second quarter of before the worst of the financial crisis rockefthe economy. The local technology sector has been up and depending onthe industry, according to Arizona Workforce, a research publication by the Arizona Department of Commerce. Computer and electronivc parts manufacturers droppedabout 1,200 jobs from May 2008 to but aerospace manufacturers added about 500.
Also down was which shed about 1,600 jobs in the Phoeni x area from May 2008 to and professional, scientific and technical which lost nearly 10 percenyt of the sector’s May 2008 work force of roughlyy 101,000 in the past year. At the same the report shows that losses from Aprio to May were much smaller or flat in most ofthose sectors. “The downturn in the economy has affected each sectot ofthe high-tech industry differently,” said Jim Garnett, executiver director for TechAmerica in Phoenix. “In a recen ranking by the Bureau of Labor while Arizona’s manufacturing employment is down over the year by 5.
1 the state had one of the smallest percentag e losses compared to all From April to May, computer and electronic parts lost 200 jobs while aerospacw gained 300 jobs,” he said. Although the rate of layoffs appearss tobe slowing, the U.S. tech industrhy lost 118,108 jobs in the first six months of 2009, the largest decline in the past seven
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