[paxys]

These reports are dominated by retail, farm, warehouse, construction, manufacturing etc. 20-50K highly paid tech workers being laid off won't even cause a blip in the unemployment numbers, but will still have a huge effect on that particular segment of the market (aka the people reading this post).

[tayo42]

Tech is small in general I think. I remember always reading about how SF was over run with tech employees. I went and looked up the stats for employment. It was like over half service related employees, the next biggest sector was finance.