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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (265887)8/2/2010 5:40:20 PM
From: Les HRead Replies (1) of 306849
 
Cash-strapped cities and counties have been cutting jobs to cope with massive budget shortfalls -- and that tally could edge up to nearly 500,000 if Congress doesn't step up to help.

Local governments are looking to eliminate 8.6% of their total full-time equivalent positions by 2012, according to a new survey released Tuesday by the National League of Cities, the National Association of Counties and United States Conference of Mayors.

money.cnn.com
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