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Unemployment Would Be Lower Without Government Cuts

March 11, 2013 · 4:05 am ET · Leave a Comment

The Wall Street Journal estimates the unemployment rate would be just 7.1% without government job cuts over the last three years.

“Federal, state and local governments have shed nearly 750,000 jobs since June 2009… No other sector comes close to those job losses over the same period. Construction is in second worst place, but its 225,000 cuts are less than a third of the government reductions. To be sure, construction and other sectors performed worse during the depths of the recession, but no area has had a worse recovery.”

Economy

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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