The 1990s boom, when recruiters competed head-on with the private sector of the economy, was the hardest.
But the government has become steadily more involved in every sector of the economy, to the detriment of the private sector.
"This is a welcome second month of growth in the private sector of Scotland's economy following the winter downturn, " he said.
This latest expansion of Scotland's private sector economy was broadly in line with the rate of growth seen at the UK level.
The private-sector economy now accounts for more than half of the economy.
With consumption declining and investment flat, net exports are the only private sector source of support for the economy.
That, more than anything, would help the private sector become the engine of the economy it is meant to be.
As such, it remains economically backwards to want to reduce the incentive to save within a private sector economy in need of jobs.
The pace of growth in Scotland's private sector economy slowed further last month, according to a survey of business managers.
Moody's marked down the UK's credit rating from AAA to AA1 on Friday, the first time this had happened since 1978, blaming the state of the global economy and the impact of public and private sector retrenchment.
As President, he has done so with most obvious and dramatic effect in the government's take-over of more and more of the private sector of the U.S. economy.
CENTERFORSECURITYPOLICY: Disastrously 'transforming' defense
Repeat the exercise for a large group of publicly traded corporations and you can get an overall default rating for a country's private sector or for one segment of the economy.
To the contrary, I believe that we have arrived at a point where money printing and government stimulus have replaced manufacturing and private sector productivity as the foundation of our economy.
FORBES: Fears That Sparked Black Monday In 1987 Dormant But Not Dead
Banque de France Governor Christian Noyer said at the weekend that predictions that fiscal tightening would cause European growth to tip over the edge have been proved to be ill-judged and outweighed by the rise of private sector confidence lifting the economy back to a healthy growth rate.
Paying all of these government workers is depressing the economy and slowing the addition of private sector jobs.
He said that with the global economy still struggling, "there are limits to the ability of domestic policy to stimulate private sector demand as the economy adjusts to a new equilibrium".
At the same time government spending has increased as a share of the economy, private sector activity has necessarily declined in proportion.
FORBES: The Worst Four Years Of GDP Growth In History: Yes, We Should Be Worried
In the 1970s its military government nationalised a big chunk of the economy and the private sector was further weakened by hyperinflation and terrorism.
As markets digest the positive surprise provided by the ADP employment numbers, which showed that 217, 000 private sector jobs were added to the economy ahead of the all-important non-farm payroll report by the Labor Department on Friday, planned layoffs reached an 11-month high on February, with the number increasing for a second consecutive month, giving investors reasons to be concerned.
According to data from the Bureau of Labor Statistics and the Bureau of Economy Analysis, private-sector pay in right-to-work states grew by 12% over the last decade.
We have seen nine months of positive private sector job increase and job growth after a recession that started in December of 2007 and saw the economy shed jobs through I believe October or November of 2009.
U.S. companies beginning to get into the mix in Burma, which we think is good for our own economy, but also is also going to be good for the development of a private sector within Burma that can create a broader base of prosperity in a country where the government controlled so much of the economy in the past.
But what we can do is promote a strong, dynamic private sector -- the true engine of job creation in our economy.
This is not because the government has reduced spending by 1-2% in a year, but because the government is crowding out the private sector and small business by becoming a bigger part of the economy each and every year.
Despite pumping a stunning amount of stimulus money into the economy, private-sector jobs have yet to materialize.
FORBES: Leading the Nation Back to Work: 5 Ways to Break the Logjam
The increase in the scope and power of the government over the economy has suppressed private sector economic activity.
FORBES: To Restore Prosperity, We Must Increase Economic Freedom
This economy has always thrived because of the private sector and entrepreneurship and people having an idea and running with it.
This dismal scenario would have had wreaked carnage on private sector activity and also the longer term supply performance of the overall economy.
FORBES: Chancellor Addresses UK's Dreadful Debt, Saves Economy
What matters more than a difference of a few tenths of a percentage point in growth from quarter to quarter is whether Chinese leaders are allowing the private sector to flourish by reducing the role of state industry in the economy, said Ben Simpfendorfer, managing director of Silk Road Associates, a consulting firm in Hong Kong.
It will spur our private sector to create millions of new jobs, and add momentum that our economy badly needs.
WHITEHOUSE: President Obama on Tax Cuts and Unemployment Extension
应用推荐