Chart of the Day: Historic Drop in Government Jobs
As I reported earlier today, the Great Recession has been responsible for downsizing the total government workforce more than any other event since WWII. And the loss of government jobs post-WWII was really just a reversal of the huge buildup in military forces from 1941-1943. If some of those 589,000 government jobs losses are permanent, wouldn't it be ironic if one of the legacies of the Obama administration was a long-term reduction in the size of government through reduced government employment? I don't think that was really the "hope and change" that Obama was planning on.
Update: Most of the government job losses have taken place at the local level (-511,000 jobs since December 2008) and some at the state level (-1114,000), while federal government employment has increased slightly over the last three years by 25,000 jobs.