March 28, 2010

JUST ANOTHER UPSIDE OF DOWNTURN:

States shed government jobs as revenue plummets (CHRISTOPHER S. RUGABER, AP)

Pennsylvania, Michigan and Washington shed government jobs last month, a result of shrinking state tax revenue that economists fear could weaken the recovery.

State and local government jobs have traditionally provided a haven during economic downturns. But as states have struggled to close growing budget gaps, job cuts have spread.

Posted by Orrin Judd at March 28, 2010 8:12 AM
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