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Government layoffs increase nation’s unemployment

Posted By Allan Freyer On August 15, 2012 @ 8:00 am In NC Budget and Tax Center | Comments Disabled

Contrary to the notions of austerity economics, three years of budget cuts and government layoffs have only served to weaken the nation’s recovery. As seen in the latest issue of Prosperity Watch [1], new research convincingly demonstrates that government layoffs only lead to greater unemployment in difficult economic times. In short, we can’t reduce unemployment by increasing the number of the unemployed. For more details, see Prosperity Watch [1].


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[1] Prosperity Watch: http://www.ncjustice.org/?q=prosperity-watch-issue-16#16_2

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