Friday, October 8, 2010

New Private Sector Hiring Can't Keep Pace with Local Government Job Cuts

Link to U.S. Dept. of Labor Databases, Tables & Calculators

Link to October 8 AP story in the Milwaukee Journal-Sentinel, "Economy sheds 95K jobs in September due to government layoffs; unemployment remains 9.6 pct."

Excerpt: A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs.

The Labor Department said Friday that the unemployment rate held at 9.6 percent last month. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s.

The private sector added 64,000 jobs, the weakest showing since June.

Local governments cut 76,000 jobs last month, most of them in education. That's the largest cut by local governments in 28 years. And, 77,000 temporary census jobs ended in September
.  [Emphasis added.]

And in related developments.....

Student numbers continue to rise at area colleges.  (La Crosse Tribune, 10/8/2010)

Amid slow economy, more Wisconsin students heed the calls of military recruiters. (WisconsinWatch, 8/5/2010)

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