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Report: 22,000 jobs lost in county since 2007

Original post made on Apr 26, 2011

Nearly 22,000 jobs have been lost in San Mateo County since 2007, according to a report by the nonprofit Sustainable San Mateo County.

Read the full story here Web Link posted Tuesday, April 26, 2011, 12:02 PM

Comments (3)

Posted by Hank Lawrence
a resident of Menlo Park: Sharon Heights
on Apr 26, 2011 at 12:33 pm

I wonder how many County Public employees lost thier jobs during the same time period. Chances are that the publid employee sector grew quite generously. Remember the public secot depends on the private sector for its support. When the pulic sector is greater than the private sector then the house of cards falls down.


Posted by Alfred E Newman
a resident of Atherton: other
on Apr 26, 2011 at 1:11 pm

Hank:

Good to see you posting again; thanks for the link to Susan's poll article in your thread on budgets. Look forward to seeing you back there!

re: your wonderment above - answer: probably the same ratio as in previous recessions, such as the Reagan and Bush 1 recessions in the 80's, or earlier this decade.

Most economists will agree, the worst thing to do in a recession is to cause more job losses. In a broad sense, we need to get the economy moving again, and the best way is to retain as many middle class jobs as possible, all contributing their taxes to get revenues back up to previous levels.

Come on back to your thread; jump in, the water's fine!


Posted by Peter Carpenter
a resident of Atherton: Lindenwood
on Apr 26, 2011 at 1:54 pm

Layoffs and discharges as a percentage of the labor force in 2009 for private sector was 24.1% and for the public sector was 7.2%.


www.unionfacts.com/downloads/Public_Sector_UnionsBrief.pdf


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