It seems that the big stimulus has yet to hit the market place, it’s just starting to trickle in. Public School construction was moving at a good pace but has slowed. Most states are cutting back on education spending so that sector is part of the jobless picture.
It will be interesting to see what the long-term implication for education turn out to be. Most commercial cutbacks end up improving productivity, so in a public sector it could work the same, only the next school year will give the results.
I have run into lots of angry educators concerning the cuts. I have also been in some schools where the use of resources seems to be somewhat wasteful. A funding cut will generate tighter management of the resources. If only the cuts were determined by productivity it could be very positive in the long run. It is definitely painful in the near term.
