US employers added an estimated 391,000 IT jobs last month, following both gains and losses in the sector in recent months, IT trade group CompTIA Inc. reported Friday.

The unemployment rate for technology jobs held roughly steady at 3%—the same level as a year ago—compared with a 6.7% overall unemployment rate.

Companies in all sectors cut 140,000 jobs in December, ending seven months of job growth in the wake of a sharp contraction in March and April, the Labor Department reported Friday.

Within the technology sector, employers last month added 22,200 jobs, after cutting 8,600 in November, including technology workers, as well as sales, marketing and other non-tech staff, CompTIA said.

Technology teams, both inside and outside the tech sector, have become an essential resource during the pandemic, as businesses rely on remote work and business-continuity tools to keep running amid lockdowns and travel restrictions.

In a global survey of

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HELSINKI (AP) — The Finnish telecommunications networks provider Nokia on Thursday reported a smaller than expected drop in profit in the fourth-quarter while it acknowledged it was facing some challenges in the race for 5G networks, particularly in the North American market.

The company based in Espoo, Finland, saw net profit for the October-December period drop 1% to 811 million euros ($973 million). Sales were down 5% to 6.6 billion euros.

CEO Pekka Lundmark, who took over the role in August, described the fourth quarter result as “solid” but warned that the current year wouldn’t be easy for Nokia.

“We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market share loss and price erosion in North America,” Lundmark said.

Under Lundmark’s lead Nokia has revamped its business strategy. He has said that Nokia aims to become the leader in 5G – the new generation

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In the latest trading session, Amkor Technology (AMKR) closed at $11.96, marking a -1.89% move from the previous day. This change lagged the S&P 500’s daily loss of 0.94%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 2.13%.

Coming into today, shares of the chip packaging and test services provider had gained 9.72% in the past month. In that same time, the Computer and Technology sector gained 5.46%, while the S&P 500 gained 0.02%.

Investors will be hoping for strength from AMKR as it approaches its next earnings release. In that report, analysts expect AMKR to post earnings of -$0.02 per share. This would mark year-over-year growth of 50%. Meanwhile, our latest consensus estimate is calling for revenue of $1.05 billion, up 17.32% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.70 per share and revenue of

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