Of course not. But before we go totally over the edge, before we pull up the blankies and refuse to get out of bed, a little perspective from the real world is in order: What is happening to the public sector has been happening in a big way in the private sector for two years. Massachusetts is number one in the nation in job losses, shedding 4.7 percent of all jobs over the last two years. The state has lost 71,000 manufacturing jobs, or 17 percent; 69,000, or nearly 14 percent, of all jobs in the professional and business services sector; and nearly 18 percent of all jobs in the information industry.
By contrast, one of the safest jobs to have through this recession has been a government job. Just 0.7 percent of federal, state, and local jobs in Massachusetts - 3,000 people in all - have been cut in the same period, according to the US Bureau of Labor Statistics. Massachusetts technology giant EMC Corp. alone has cut more than twice that many jobs worldwide over the last two years.