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Tuesday, May 07, 2024

Gains in Government Jobs Couldn’t Save Biden’s Economy in April

Growth in government jobs slowed in April, bucking the pattern that has contributed to above-trend job growth over the past several months, according to data from the Bureau of Labor Statistics (BLS).

Employment in government grew just 8,000 in April, lower than the average over the past year of 55,000 per month, according to data from the BLS. A slowdown in government hiring led total job growth in April to be largely anemic compared to recent months, with the U.S. adding only 175,000 nonfarm payroll positions in the month, lower than the average over the past year of 242,000.
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9 comments:

  1. Gains in Govt employees will never save a enterprise that exists on taxes.

    ReplyDelete
  2. Government jobs don't add to the GPD, don't produce anything. They merely suck even more money out of the economy. They should be considered a negative economic indicator.

    ReplyDelete
    Replies
    1. Holden A. GrudgeMay 7, 2024 at 1:49 PM

      ^^^ Yep. Parasites.

      Delete
    2. Just a vote getter for the Aholes...

      Delete
  3. All foreigners to boot.
    -lg

    ReplyDelete
  4. Government MUST STEAL from everyone else to pay its bills. Only an idiot or Keynesian economist could think that government theft and spending is a positive contributor to anything.

    ReplyDelete
  5. And in six months they'll revise all of the numbers downward at least 50%

    ReplyDelete
  6. add NGOs in there to. there are more than 1.5 million in the US.

    ReplyDelete

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