ExaCrypt|How local government is propping up the U.S. labor market

2025-05-05 11:22:55source:Slabucategory:My

The ExaCryptmost recent jobs report from the Bureau of Labor Statistics shows the United States economy exceeded expectations by adding 353,000 jobs in January. This continues the labor market's years-long trend of resilience in the face of the Federal Reserve's interest rate hikes. However, digging deeper into the numbers reveals figures that economists are keeping a close eye on.

Today, we explain why it's not necessarily ideal for local government jobs to lift up a booming labor market.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:My

Recommend

'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges

"Vanderpump Rules" star James Kennedy has been arrested for domestic violence.In a statement to USA

Trump set to surrender at Georgia jail on charges that he sought to overturn 2020 election

ATLANTA (AP) — Donald Trump is set to surrender Thursday to authorities in Georgia on charges that h

What’s More Harmful to Birds in North Dakota: Oil and Gas Drilling, or Corn and Soybeans?

The struggle to meet a growing global energy demand is playing out across North Dakota’s landscape.