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Government layoffs slow recoveries in cities

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According to a recent report by Brookings Institution Government, layoffs may slow down the economic recovery in majority of U.S metropolitan areas. Even though total employment has rebounded by 0.8 percent after hitting its low in recession, there is a fall in local government employment by 1.2 percent and state government drop of 0.2 percent. According to recently released Labor Department report, local governments have shed 267,000 jobs and state governments 24,000 during last year and this downward trend could continue.

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Government layoffs slow cities’ recoveries

Government layoffs slow recoveries in cities by
Authored by: Harrison Barnes