Thursday, June 21, 2012

Graph of the week

From the June 20, 2012 The New York Times - - Public Workers Face New Rash of Layoff, Hurting Recovery:

"So while the federal government has grown a little since the recession, and many states have recently begun to add a few jobs, local governments are making new cuts that outweigh those gains. More than a quarter of municipal governments are planning layoffs this year, according to a survey by the Center for State and Local Government Excellence. They are being squeezed not only by declining federal and state support, but by their devastated property tax base."

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