IT Group Urges Government To Bolster Industry

TechAmerica says the federal government needs to update policy, extend tax credits, and invest in cybersecurity to pull the technology industry out of the recession.

The technology industry began to feel the effects of the recession in 2009 and is in need of government policy to get it back on track, according to a report released Wednesday by industry group TechAmerica.While the tech industry was one of the last in the private sector to be negatively impacted by the recession, the industry lost 245,600 jobs last year, according to TechAmerica’s 13th annual Cyberstates report. The pace of job loss slowed over the year, however, and the industry still employs 5.9 million workers.

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