More Government Job Growth

http://www.futureofcapitalism.com/2010/06/more-government-job-growth

For another example of the government job growth we wrote about in connection with Friday's employment statistics, check out this article from the Associated Press on $234 million in grants for AmeriCorps expansion: "In April 2009, President Barack Obama signed a law to gradually increase the size of the Clinton-era AmeriCorps to 250,000 enrollees from 75,000." It's not clear whether all those people will show up in the statistics as government workers -- some may be counted as part of the non-profit sector -- but it represents significant numbers. Just for comparison's sake, Microsoft has 53,000 U.S. employees, Google about 20,000, Apple about 36,000 worldwide, and the U.S. Marines number about 180,000.

by Ira Stoll  |  Jun 7, 2010 at 8:49 am Related Topics:  President Obama, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list