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Employment Recession and Recovery in the 50 States: An Update
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Employment Recession and Recovery in the 50 States: An Update

Joseph J. Seneca and Will Irving
Rutgers Regional Report, Vol.30
Edward J. Bloustein School of Planning and Public Policy
2012
DOI:
https://doi.org/10.7282/T34Q7WM2

Abstract

Economy Jobs Employment (Economic theory) Recovery Public sector Private sector Recessions--United States--21st century Taxation Reductions New Jersey
Job recovery rates are calculated for all 50 states. The rate measures the percentage of a state’s private-sector employment losses during and after the recession that have been recovered as of June 2012. As a benchmark for comparing individual states, the national private-sector job recovery rate is 49.3 percent. Public-sector employment (federal, state, and local) increased well into the national recession. It was affected by numerous factors (federal countercyclical spending, deep tax-revenue declines for state and local governments, and varying political responses at the state and local levels in terms of tax increases versus service reductions).
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