As Far As Public Workers Are Concerned, Times Are Hard, Tides Are Going Out

The private sector is slowly climbing its way back from the Great Depression, adding 155,000 jobs in December but the public sector is continuing its long employment slide, making it the worst few years for government employees in recent memory.

That's a conclusion from a new report by the Nelson A. Rockefeller Institute of Government at the University of Albany.

The institute calculated that while private-sector employment is down 3.1 percent from its peaking in January 2008 and on the rebound, be advised that state and local government is down 3.4 percent from its peak in August 2008 and continuing to slide.