Since May 2011, the Pennsylvania unemployment rate that had been heading down for 16 months started to head up. In August it jumped to 8.2%.
The Pennsylvania economy that was a national leader in job creation from January 2010 to April 2011 is no longer doing better than the nation. State unemployment since May, 2011 has risen from 7.4% to now 8.2%.
Austerity economics is "working" in Pennsylvania. Look at just education budget policy.
Today the Allentown Morning call reported that the state lost 14,000 school jobs this summer due to state budget cuts.
Everyone of those 14,000 destroyed education jobs led to the loss of at least another one-half job. Just the education cuts alone destroyed 21,000 jobs. That is getting close to some estimates of all the direct jobs created by the Marcellus boom.
According to the Allentown Morning Call, a survey of 294 school districts documented this summer the average job loss per district of 28.5. Forty-four per cent of the districts also reported that they had eliminated electives; 35% ended tutoring; 25% cut summer school; 41% delayed buying textbooks; and 58% did not make technology improvements.
Slashing education is a sure way to hurt the economy in the short-run and long-run. Just look at what's happened since May and what was happening before May.