Wednesday, June 6, 2012

More Layoffs in the Public Sector

UK Begins Notifying Employees Of Layoffs | LEX18.com | Lexington, Kentucky


what people don't realize is that the massive job losses in state and local governments are responsible for negating the gains made in overall hiring.  The Obama stimulus kept the losses to a bearable level but now those federal funds are depleted.  If a stimulus were enacted with enough funding to allow those governments to rehire the teachers and other workers it would be a tremendous boost to the economy.

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