Current:Home > FinanceHow local government is propping up the U.S. labor market -Blueprint Wealth Network
How local government is propping up the U.S. labor market
View
Date:2025-04-16 13:36:32
The most 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.
veryGood! (296)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Voters reject Jackson County stadium measure for Kansas City Chiefs, Royals
- Many eligible North Carolina school voucher applicants won’t get awards
- Why Euphoria's Hunter Schafer Isn’t Ready to Date After Dominic Fike Break Up
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Finland school shooting by 12-year-old leaves 1 student dead and wounds 2 others, all also 12, police say
- Minnesota Twins' Byron Buxton nearly gets run over by bratwurst in Milwaukee Brewers' sausage race
- Jim Harbaugh goes through first offseason program as head coach of Los Angeles Chargers
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- From chips to pizza and beer, brands look to cash in on rare solar eclipse
Ranking
- The Best Stocking Stuffers Under $25
- Wisconsin Supreme Court refuses to clarify district boundaries for potential recall election
- From Krispy Kreme to SunChips, more and more companies roll out total solar eclipse promotions
- Transportation secretary Pete Buttigieg announces new rule to bolster rail safety
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Cal-Maine Foods, largest producer of eggs in US, finds bird flu in chickens at Texas plant
- Chiefs show they're not above using scare tactics on fans for stadium tax vote
- 12 Festival Dresses You’ll Want To Pack for Coachella & Stagecoach That’re Sexy, Flowy, and Showstoppers
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Ye, formerly Kanye West, accused of 'spreading antisemitism' at Donda Academy in new lawsuit
SMU hires Southern California's Andy Enfield as men's basketball coach
Biden administration approves the nation’s eighth large offshore wind project
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
2 Mississippi catfish farms settle suit alleging immigrants were paid more than local Black workers
Iran vows deadly suspected Israeli airstrike on its consulate in Damascus will not go unanswered
Black coaches were ‘low-hanging fruit’ in FBI college hoops case that wrecked careers, then fizzled