State and local governments are forecast to shed up to 110,000 jobs in the third quarter, the first time the blood-letting has risen into the triple digits, according to IHS Global Insight.
"We're on a downward path," said Greg Daco, principal U.S. economist at IHS. "It's not looking good."
State, local governments set to see record job cuts, layoffs - Jun. 5, 2011
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Seeded on Mon Sep 26, 2011 8:50 AM
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