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ABSTRACT

May, 1985, Vol. 108, No. 5

Cyclical behavior
of high tech industries

John U. Burgan
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics


During the last recession, employment declines in high tech industries were not as deep as those in manufacturing; only the group with high concentrations of skilled workers and large R&D expenditures outperformed the nonfarm sector.

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