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CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress
Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession
In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend
Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession
In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend