Blog 11: Public Sector Layoffs Continue Despite Economy's Signs of Life

Public Sector Layoffs Continue Despite Economy's Signs of Life

    Much of the public sector relies on money from citizens, and members of the community. In this article, the community discusses relying on the money from much of the residential real estate. Despite some growth in the economy, real estate still suffers from the recession and therefore Virginia has been forced to cut public sector jobs twice. The state is now on the verge of a third round of job cuts. They are not recovering in the way that they had hoped. The state has suffered dramatic losses, and hasn't seen numbers like this since the 1950's. If the numbers were reversed, the article states that there would potentially be up to 1.2 million additional public sector jobs in the United States today.
    The United States economy affects the global economy in that the United States contributes greatly to international trade, buying, selling, etc. The growth of the U.S. economy both public and private would have a positive impact on the global economy, and could potentially improve poor economic scenarios happening internationally.
    The article goes on to give examples of firefighters that lack the ability to provide services as timely as they might've before, due to layoffs and job cuts. This is how the layoffs in the public sector affects the general population, and is a great example of why it is important to maintain and grow our economy. The article also uses Des Moines, Iowa as an example of a city that did rather well through the recession. It states that while the area did a good job maintaining somewhat low unemployment rate, they too have been forced to recently lay off a number of public positions, due to a loss in property value.
    It is important for the United States to continue to work to improve the national economy, as it does affect the global economy. It is very important for local and state economies to improve, to both provide jobs and help position communities to improve the values of the local areas.

http://www.huffingtonpost.com/2012/04/08/public-sector-layoffs-continue-despite-recovery_n_1410688.html