Private Sector Losses vs. Public Sector Gains

by Veronique de Rugy

It’s been a while since I reported on private-sector and public-sector job growth since the passage of the stimulus bill. Here is a chart, based on data from the Bureau of Labor Statistics, that speaks for itself.

Since the beginning of the recession (roughly January 2008), some 7.9 million jobs were lost in the private sector while 590,000 jobs were gained in the public one.  And since the passage of the stimulus bill (February 2009), over 2.6 million private jobs were lost, but the government workforce grew by 400,000.

I will leave it up to you to draw conclusions.

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