How did the recession affect the more entrepreneurial functions of the local state? Economic development was one of few areas of discretionary spending that local governments could cut or defer in response to mid-budget cycle revenue shortfalls. Did cities maintain or alter their approach to facilitating private development in the years following the crisis?
Update of my July data brief on the public sector impacts of COVID-19, with October data
This brief summarizes the Great Recession’s impact on public employment and the public sector job losses driven by the COVID-19 pandemic in 2020. Our analysis points to the importance of focusing on the public sector as policymakers respond to the COVID-19 crisis.
Published May 14, 2020 as part of the UC Berkeley Labor Center’s Covid-19 Series: Resources, Data, and Analysis for California. The economic consequences of the COVID-19 pandemic have been severe: at least 30 million people have lost their jobs and millions of others have seen their incomes decline. Governments are spending billions of dollars on public health and the safety net. […]
SFGate: ‘San Francisco is particularly vulnerable’: Expert explains how COVID-19 may hurt city budgets
“In every recession, it’s true that you’re losing revenue at the same time as you want to be able to spend more money,” Hinkley says. “Counties and cities have to be spending more on public health, on housing people, on emergency equipment, on ensuring that people are staying at home. It’s difficult to manage spending […]