CNN: Teacher Jobs Disappear

Friday's jobs report could kick off the worst quarter for state and local government jobs on record. And teachers are at the center of the bullseye.

The public sector is estimated to have shed 65,000 positions in July, according to Greg Daco, U.S. economist for IHS Global Insight. Some 50,000 are projected to come from state and local governments.

And things won't get better anytime soon. The state and local government sector could shed around 110,000 jobs in the third quarter, which would top the massive downsizing that occurred in the early 1980s.

"The sector keeps bleeding jobs," Daco said. "The third quarter could be the worst ever."

All told, the state and local government sector has lost 577,000 jobs since its peak in September 2008. Some 224,000 of those have been in education.

While teachers and other school employees are often dismissed temporarily over the summer, more are getting the ax this year because of major state budget cuts to public education. And fewer are expected to get rehired in September, leading to the grim estimates for the quarter.

"Since the state and local sector is facing a lot of tough budget decisions, it will lay off teachers it won't rehire in September," Daco said.

money.cnn.com/2011/08/04/news/economy/teacher_government_jobs/index.htm