The Government Keeps Hiring, Offsetting Job Losses
Published At: Apr 07, 2024 by Verified Invesing
Incredible chart here showing the hiring that the US government is doing. Citizens must ask, what would the Non Farm Payroll number have been for the past year if the government was not hiring like crazy?
With US debt nearing $35 trillion, there will be a point when the hiring stops.
This chart really puts things in perspective as the payrolls data seems to tell us the economy is incredibly strong, but the government is doing most of the hiring.