With the latest data and revisions in, here’s the employment from January 2010 to January 2011:
It would be really nice to see conservatives acknowledge this reality. Conservatives say that we should shift away from public sector employment and toward private sector employment. Which is certainly a view to which they’re entitled. But this is what was already happening all last year. Presumably GOP gains in Congress paired with huge GOP gains in state legislatures will accelerate this trend. Which, again, can be deemed a good trend or a bad trend as you like. But this image of a tea party army standing strong against a socialist tide is just made up. In the face of plummeting tax revenues, the public sector has been steadily cutting back and creating a drag on recovery.