Most state economies improved in fourth quarter, data indicate | Analysis: Federal budget cuts will affect local government | Ill. workers earn less the private-sector counterparts, study finds
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April 2, 2013
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Public Sector Trends
Most state economies improved in fourth quarter, data indicate
All but six states saw their economies improve in the fourth quarter, according to the Bloomberg Economic Evaluation of States index. Economic gains were more widespread than in any other quarter since 2006. "Most states are on a recovery track," said Robert Dye, chief economist for Comerica Bank. Bloomberg (3/31)
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Analysis: Federal budget cuts will affect local government
State and local governments will likely be squeezed by federal budgets cuts that took effect March 1, as a quarter of their funding comes from the federal government. The federal agencies that employ the most people are set to be hit hardest by the cuts, Sudeep Reddy writes. The Wall Street Journal (3/24)
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Other News
Policy Update
Analysis: Paid-sick-time laws stir debate across the U.S.
At least two cities in the U.S. have enacted paid-sick-time measures in the past month, but resistance to such measures exists among small-business owners and lawmakers, Joyce Rosenberg writes. Philadelphia Mayor Michael Nutter may veto a paid-sick-time bill that was passed by the City Council on March 14. Some small-business owners support paid-sick-time measures, saying they improve worker morale and create a safer work environment. Houston Chronicle (tiered subscription model)/The Associated Press (3/28)
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Fla. lawmakers spar over pension-overhaul plan
Florida's House has passed a measure calling for the closure of the state's pension system and the diversion of new public employees into a 401(k)-style plan. The state Senate, however, is resisting the overhaul. "I think it would be a cold day before we would change our position on this bill," said Republican state Sen. Wilton Simpson. Sun-Sentinel (Fort Lauderdale, Fla.) (3/24)
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Other News
Career Development
Selflessness makes people successful, professor says
Adam Grant, the youngest-tenured professor at the University of Pennsylvania's Wharton School, says helping colleagues is the best way to boost productivity and creativity. "I never get much done when I frame the 300 e-mails as ‘answering e-mails,’ " Grant says. "I have to look at it as, How is this task going to benefit the recipient?” The New York Times (tiered subscription model) (3/27)
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Identifying accomplishments for your résumé
Job seekers tend to describe their responsibilities when they should be focusing on their accomplishments, Juliana Weiss-Roessler writes. Decide which of your feats are worth mentioning by asking yourself about times you saved the company money, planned an event or received a promotion, she writes. Secrets of the Job Hunt blog (3/24)
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SmartQuote
We owe something to extravagance, for thrift and adventure seldom go hand in hand."
-- Jennie Jerome Churchill,
American-born British society figure
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