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US News: Public Sector Job Cuts Threaten Economy

See recent coverage by US News & World Report on how cutting local,state and federal government jobs hurts the economic recovery.  According to the US News report, about 100,000 public employees have lost their jobs in the last year – 39,000 in June alone.

Some experts believe that local and state governments will cut as many as one million jobs in the next fiscal year. These cuts come at a time when “Economists say the economy needs to add 350,000 to 400,000 jobs each
month over the next three years to bring unemployment down to around 6
percent.

To read the complete story, click here.

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