Posted by: Jeremy Benisek (CyberAxe) Don't Panic Business Technologies | May 26, 2009

Is this right? Est 500,000 state jobs cut in 2010-2011 due to budget shortfalls?

Jeremy Benisek I did the math, CA $21 Billion debt = 50,000 layoff about 2381 jobs per Billion dollars cut, Right. This report says 47 states 2010-2011 budgets are short $210 Billion after they take Stim Bill money. Thats 500,000 lost jobs in 2010-2011 from state funding cuts.

http://www.businessweek.com/bwdaily/dnflash/content/may2009/db20090522_625957.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis

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