For the weekend after Jobs Day, another reminder that the employment dynamics of this recession have been unusual in that public sector employment keeps falling.
Normally you see relatively little cyclicality in the public sector, which means that the existence of public sector work can cushion a recession. That's both because some people end up employed by the government who'd otherwise be out of work. But it's also because government employees serve as customers for other businesses. When a teacher or a bus driver gets laid off, he or she becomes less likely to eat out or pay to get the kitchen remodeled creating secondary drag elsewhere.
TODAY IN SLATE
I was hit by a teacher in an East Texas public school. It taught me nothing.
Chief Justice John Roberts Says $1,000 Can’t Buy Influence in Congress. Looks Like He’s Wrong.
After This Merger, One Company Could Control One-Third of the Planet's Beer Sales
Hidden Messages in Corporate Logos
If You’re Outraged by the NFL, Follow This Satirical Blowhard on Twitter
Giving Up on Goodell
How the NFL lost the trust of its most loyal reporters.