The Daily Stat: States Face a Third Year of Revenue Shrinkage

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Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile JUNE 24, 2010 States Face a Third Year of Revenue Shrinkage With the new fiscal year about to start on July 1 in 46 U.S. states, officials in many agencies are moving from hiring freezes to outright layoffs as governments face their third year of tax-revenue declines, according to the National Conference of State Legislatures. Some 19 states plan to implement layoffs to reduce budget gaps. Since August 2008, 231,000 state and local government jobs have been lost. Source: CNNMoney.com Share Today's Stat: RELATED PRODUCT Change Management in Government Harvard Business Review Article Recent events have demonstrated how essential it is for public agencies to be well run. Unfortunately, few public administrators have a background in change management, and a variety of factors have combined to make true reform a rare event. ADVERTISEMENT Follow the Stat: BEST SELLERS Guide to Persuasive Presentations HBR's 10 Must Reads: The Essentials Financial Intelligence Collection HBR's 10 Must Reads on Managing Yourself Guide to Better Business Writing PREVIOUS STATS 3 Tips for Getting Out of Your Boss' Shadow Clothing for Big Women Bucks Downward Trend in Apparel Sales Where Sales Reps Go Wrong India Leads the World in Highway Deaths Global Warm Temperatures Break Record in May Swedish Papas Get Generous Paid Leave Vulture Brains Are a Valued Commodity in South Africa Recruiting Managers Is Tougher in China Than in India Rolling Waste Signals Economic Growth Maybe You Should Apply for a Job As a Truck Driver Job Seekers, Take Note Whether you've been laid off or are considering a job change, HBR's Guide to Getting a Job will help ensure that your next move is the right one. Only $19.95. Buy now » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)