{"id":3168,"date":"2010-11-08T06:33:11","date_gmt":"2010-11-08T11:33:11","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=3168"},"modified":"2010-11-08T08:25:39","modified_gmt":"2010-11-08T13:25:39","slug":"morning-read-layoffs-imminent-at-plattsburgh-state","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2010\/11\/08\/morning-read-layoffs-imminent-at-plattsburgh-state\/","title":{"rendered":"Morning Read: Layoffs &#8220;imminent&#8221; at Plattsburgh State"},"content":{"rendered":"<p>The big untold story of the last six months of this recession is that most of the job cuts are coming not in the private sector, but in government.<\/p>\n<p>We&#8217;re seeing the &#8220;public sector bubble&#8221; burst, as tax revenues are either stagnant or in steep decline.<\/p>\n<p>The latest hit to the North Country is news that New York state is still $315 million in the red, despite deep cuts earlier in the year.<\/p>\n<p><a href=\"http:\/\/pressrepublican.com\/0100_news\/x176178699\/PSU-hit-with-new-cuts\">The Plattsburgh Press-Republican is reporting that all that red ink will cost more jobs soon<\/a>.<\/p>\n<blockquote><p>&#8220;It clearly means we are going to be smaller,&#8221; said John Homburger, vice president for administration and business affairs.<\/p>\n<p>&#8220;There are no layoffs yet, but I think the reality is imminent now, and it is a matter of just how.&#8221;<\/p><\/blockquote>\n<p>This is part of a much bigger trend.\u00a0 The US Department of Labor reported that in October, private industry added nearly 160,000 new jobs.<\/p>\n<p>Government agencies &#8212; local, state and Federal &#8212; slashed another 8,000.\u00a0 This trend delights fiscal conservatives.<\/p>\n<p>But some economists worry that the government cuts are coming too soon and will depress local economies, possibly pushing us until a &#8220;double-dip&#8221; recession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The big untold story of the last six months of this recession is that most [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[4818,10,6],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/3168"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=3168"}],"version-history":[{"count":0,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/3168\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=3168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=3168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=3168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}