*5) Government Cutbacks – Many public sector workers in Government posts experience job cuts in the West.
In the US, the biggest downsizing of state and local government in modern history has been on-going and weighed on the U.S. economy since 2009.
The government at the federal, state and local levels continues to shed jobs, diminishing the performance of the job market.
Overall, Federal, State and Local governments have eliminated more than 750,000 jobs since the recession ended, to date. Its happened in Britain and in Canada and several other countries and there is no end to it.
Those who have kept their jobs get paid less for doing more and also doing the work of two or sometimes more operating skeleton services.
TAYO Fatunla is an award winning Nigerian Comic Artist and illustrator, Writer, Cartoon Tutor and Editorial cartoonist. He is also a contributor to EURweb.com. Visit TAYO’s web: www.tayofatunla.com.