Public Versus Private Sector Job Gains

Public sector job losses have picked up in recent months

July 8, 2011 RSS Feed Print

During the worst of the downturn, the private sector was hammered with massive job losses, while the public sector held fairly steady. Now, the focus has shifted to public sector cuts that threaten the economic recovery.

[See Public Sector Job Cuts Threaten Recovery.]

Public vs. Private net job growth chart

Tags:
unemployment,
careers,
employment

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The "public" (read government) sector is the "non-productive" sector. They produce nothing (generally speaking). All "public sector" employees are paid by private sector wealth. So if you want to make people richer...and grow the economy...the way to do it is cut the public sector and get out of the way of the private sector.

jscottu of IN 10:32AM April 29, 2012

Obama2012

Chris of NJ 1:53PM March 11, 2012

I don't know what you expose yourself to, but this looks EXACTLY like what I've seen and heard in the news, newspapers, and government reports. The recession heading into the election was massive. Simply massive. A massive recession like that can't just immediately right itself. It takes time, hence the "pendulum" reference I see a lot in reports. Private sector job cuts were increasing, going into the election. They slowed down afterwards, eventually, albeit slowly, returned to positive, just exactly like this chart shows. I see no spin here.

Paul of GA 9:44PM February 18, 2012

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