Tags: public | government | job | losses | Obama

Gov't Job Losses During Obama's Term — 600,000

Monday, 30 Apr 2012 03:49 PM

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink
Heavy job loss in the public sector remains a concern as President Barack Obama begins his re-election bid. More than 600,000 state and local government employees have lost jobs since the beginning of his term, The Washington Post reported.

The public-sector job losses include almost 200,000 education workers and, while private sector employment is recovering, the public sector is not. “The job losses at state and local governments is the most serious weight on the job market,” Mark Zandi, chief economist at Moody’s Analytics, told the Post.

However, others argue the reduction is good.

American Enterprise Institute scholar Andrew Biggs told the Post that state and local governments had become bloated. “It strikes an emotional chord with people if we have teacher layoffs, but we have hired a great many teachers in the past several decades,” Biggs said.

He told the Post that the layoffs “ultimately get you closer to where you should be in terms of the size of the public-sector workforce.”


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Immigrants Warned Not to Fall Prey to Amnesty Plan Fraud

Wednesday, 26 Nov 2014 18:03 PM

Some people fear that President Barack Obama's new immigration plan could set up "scams, rumors and a lot of questions," . . .

HHS on Obamacare: Almost 500K Enroll in First Week

Wednesday, 26 Nov 2014 17:16 PM

Almost 500,000 Americans signed up for an Obamacare health insurance plan through HealthCare.gov during the first week o . . .

San Francisco Passes 'Retail Workers Bill of Rights'

Wednesday, 26 Nov 2014 16:18 PM

Retail workers in San Francisco now have stronger protection from companies changing their work schedules on short notic . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved