To End the Jobs Recession, Invest an Extra $20 Billion in Public Education
inequality.org — Over the past three years, the economy has grown at an average rate of 2.2 percent per year. The economic recession is economic history. But the jobs recession is reality. The U.S. economy may have gained 2.7 million jobs over the past three years, but it still employs 4.8 million fewer people than it used to. Many of those lost jobs were in public education. Education employment fell by 306,000 in the three school years following the end of the recession in June 2009. It’s set to fall even further this year. If the economy is expanding and job creation is our top priority, why are local school districts laying people off? Governments at all levels are cutting back their investments in public education. The problem isn’t a lack of money. The problem is where the money is going.