Friday, May 04, 2012

Government Job Destruction

Another jobs report in the US, another month where part of the private sector's job creation was undone by continued job destruction by the government sector.


The 15,000 additional jobs lost in April brings total job losses in the government sector since January 2010 to over 500,000. While the US has not quite been experiencing European-style austerity over the past two years, that's still a pretty tough headwind to fight as it emerges from recession.

17 comments:

  1. Matt Jones12:10 PM

    Aha! The teahadis were right - it's all government's fault! All we need to do is follow their prescription and cut government spending...

    Oh wait - we HAVE been following it, *causing* the problem. Not that it's stopped them from shrieking about "expanding GUBMINT SOSHALMALISM" from their Medicare scooters. :)

    ReplyDelete
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  3. steve1:29 AM

    The job losses shown are all at the State and local level where budgets have to be balanced. Meanwhile, Federal employment has been growing but not fast enough to offset losses at the local level.

    ReplyDelete
  4. Alex Sinclair7:35 PM

    It is the private sector engine that we need to focus on.  Government is a burden to the private sector and we have spent 30 years focused on the worker and much of this has been to the detriment of the employer.  We are in a global economy and the more efficient we become, the more jobs we will create.  Manufacturing will return to the United States but it may be because our dollar has collapsed.  I would prefer that it be because we got more efficient.  Flexibility in labor is a key element and the cost of energy is a large component.

    ReplyDelete
  5. <span>"Government is a burden to the private sector"</span>
    Where does this dopey idea come from??? Buying government services with tax dollars is economically the same as buying anything else with any other money.

    ReplyDelete
  6. cas1273:45 AM

    Manipulation of starting date (try going back two years more) illustrates utterly corrupt intention of analysis.

    The existence of the internet requires a higher standard of sleazy deception.

    ReplyDelete
  7. Chester Cheesewright9:55 AM

    <span>► Manufacturing will return to the United States when you work as cheap as a Chinaman </span>

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