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¹This number is inflated in part by the inclusion of earnings from stock options in wages in Washington.The Bursting of the BubbleEmployment in the information social policy industry peaked social policy in 2001; over the next year the industry lost almost 5,500 social policy jobs for a decline of 5.3 percent. Payroll peaked in 1999 and declined by over three and a half billion dollars or 27.2 percent by 2002. Still, even with these steep declines there was an overall net increase in employment from 1990 to 2002 of 44,300 or 83 percent, and an overall net increase in payroll over the same time period of $7.9 billion or 456 percent. So, although there was a correction in 2001 and 2002, many of the gains of the nineties have been maintained. Employment in the information industry went from a peak of 102,000 in September of 2000 to 91,900 by July 2003. Over
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