Latest Jobs Report Reveals Woeful Impact of US Austerity

Syndicated from Common Dreams on Fri, 2012-08-03

<div class='node-body'><p>The US jobs report released Friday showed the creation of 172,000 private sector jobs in July. Despite those nominal gains, nearly 9,000 public sector jobs were lost, a trend that many observers argue reveals the negative impact austerity measures and public sector budget cuts have had on economic growth.</p></div><div class="field field-type-filefield field-field-news-hp-image">
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