Friday, November 04, 2011

Public Sector vs. Private Sector

The jobs numbers keeps on showing that the private sector is adding jobs while the public sector is losing jobs.

In October, the private sector created 104,000 jobs, with gains led by professional and business services (33,000) and leisure and hospitality (22,000). Manufacturing posted a small 5,000 jobs gain. Meanwhile, governments at all levels cut 24,000 jobs. Since May 2010, government has cut one million jobs while the private sector has added 2.28 million positions.

Isn’t that the trend we want to see?

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