Two Important New Studies: Spending = Jobs Newsweek/The Daily Beast • July 9, 2012

From the Economic Policy Institute comes a report today on public-sector job loss, which as you know is a favored topic of mine. The number of public-sector workers has decreased in this recession from 7.3 workers per 100 adults, an average the United States has maintained since the late 1980s, to something well under that. If we had stayed at the 7.3 figure, and given that population has grown by nearly 7 million since June 2009, that would have meant 1.1 million more public-sector workers on payrolls.