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Old 07-23-2011, 09:54 AM
 
Location: Austin, TX
16,787 posts, read 49,058,726 times
Reputation: 9478

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Looks like things are going to get tougher for a while on the job front as the State budget cuts kick in.

Quote:
Austin-area job growth flat, unemployment rate up as Legislature's cuts take affect

Austin-area job growth essentially flatlined in June and the region's unemployment rate increased to 7.6 percent, up from 6.8 percent in May, as the Legislature's spending cuts began to affect the local economy.

"Given what happened in the Legislature, Austin is going to take a disproportionate hit because we're heavy on the public sector side," said Jon Hockenyos, president of TXP , an economic consulting firm. "You've lost 2,000 government jobs, and more are likely to come."
http://www.statesman.com/multimedia/dynamic/00980/WEB0723jobmarket_980180e.jpg (broken link)
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Old 07-23-2011, 01:53 PM
 
597 posts, read 1,317,062 times
Reputation: 333
Imagine that deep austerity measures during an economic crisis deepen the crisis, who could have foreseen that.. Don't worry though once people start getting less services they'll start having second thoughts about blanket comments about smaller government.
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Old 07-25-2011, 01:42 AM
 
Location: Austin
1,795 posts, read 3,166,721 times
Reputation: 1255
What ever happen to green jobs, and renewable energy jobs that where going to create 1000's of jobs?
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Old 07-25-2011, 07:25 AM
 
Location: Broomfield, CO
1,445 posts, read 3,267,649 times
Reputation: 913
That's impossible. Nothing bad ever happens in this part of the world. Just ask the city of Austin, and they'll be the first to tell you that.



Quote:
Originally Posted by CptnRn View Post
Looks like things are going to get tougher for a while on the job front as the State budget cuts kick in.


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Old 07-25-2011, 08:47 AM
 
Location: Round Rock, Texas
12,949 posts, read 13,336,259 times
Reputation: 14010
Well, let Rick Perry print trillions right out of thin air like they're doing in DC...that'll fix it all.

http://www.tsl.state.tx.us/treasures/images/republic/50front.jpg (broken link)

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