Budget cuts effect Education

We are slowly on our way to recover from the recession. This can be seen by the fact that Austin-area employers added 13,700 jobs in 12 months in 2011, which is a 1.8% annual gain. However, these additions of new jobs are coming at a cost.  The region’s largest job sector is the government, which includes local school districts and higher education. This sector took a toll with 600 jobs lost which equates to 0.3% decline.  These cutbacks were even more serious in other large cities in Texas, with Dallas loosing 3.200 government jobs for example. The article concludes with a prediction that private sector employers will begin to hire more, which will make up for the job losses in government and school district. Even though this article is more about the economic state of Texas, it’s interesting because of the government’s choice to cut their budgets on education – this was the result of the government’s budgetary choice. Education is so important in economic, political, cultural growth, and yet this is the sector that is taking the most hit.

http://www.statesman.com/business/austin-area-jobs-report-shows-first-hint-of-1546806.html?cxtype=rss_ece_frontpage