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High-Tech Industry Says Impact of Outsourcing on Job Loss Is Overstated.

By Greg Griffin, The Denver Post Knight Ridder/Tribune Business News

Mar. 24--The high-tech industry, under fire for moving software jobs to India, China and other developing countries, is launching a counterattack.

In a report to be released today, the American Electronics Association says offshore outsourcing, as the practice is known, is responsible for only a small portion of recent job losses.

The nation's largest high-tech trade association says productivity gains and a weak global economy are responsible for far more job losses.

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