While the private sector continues to struggle, the public sector is still getting along quite nicely. Of course, the Democrats love telling sob stories about government workers getting furloughed, and teachers and firemen getting laid off, but in the whole scheme of things they’re doing quite well. The unemployment rate for government workers is only 3.6%, compared to the official 7.6% overall rate, which is in reality much worse since so many people have left the labor market.
There is a bright spot in the March jobless numbers, if government is your line of work.
The unemployment rate for civilian government workers dropped to 3.6 percent in March from 3.8 percent in February, according to the Bureau of Labor Statistics.
In February, there were 828,000 unemployed federal, state and local governments in the United States. In March, that declined to 786,000.
In July 2012, the unemployment rate for government workers was as high as 5.7 percent, according to the BLS, and the rate has been in a steady decline since. The current unemployment for government workers at 3.6 percent is the lowest rate since April 2011. (Read More)
"The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine." - Barack Obama, June 2012
Orthodoxy SUCKS.
"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson