March 25, 2013

IT'S A START:

Government Payrolls Are Facing New Pressures (Sudeep Reddy, 3/24/13, WSJ)

Governments bled hundreds of thousands of jobs after the U.S. economic recovery started. Now they're preparing to pass the knife around again as the federal budget comes under pressure.

The cuts in the public-sector workforce--at the federal, state and local levels--marked the deepest retrenchment in government employment of civilians since just after World War II. About 21.8 million civilians were directly employed by a government in the U.S. in February, accounting for roughly one out of every six nonfarm payroll jobs, according to the Labor Department. That is down by about 740,000 jobs since the recession ended in June 2009. At the same time, the private sector has added more than 5.2 million jobs over the course of the recovery.

Posted by at March 25, 2013 7:54 PM
  

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