Teaching jobs disappear
Teacher Rachel Zertuche is one of many who lost their jobs.
NEW YORK (CNNMoney) -- 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