The government is currently the primary driver of job ‘growth’. This means the need for ongoing and expanded federal deficits, and federal deficits are inherently and long-term inflationary. This is how you manufacture a ‘soft landing’.
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always have been
Do you know which agencies have been hiring? Only agency I've seen posting a lot of jobs has been the IRS.
I'm involved with one and my wife another and both have had soft hiring freezes since they kicked the can out of the potential lockdown earlier in the year. I'm on a contract and they even delayed recompete by a year and it is looking like they kick it down further.
So sad to see the fall of the G7. And they act like it's "the cool group" to be in when they compare themselves to each other while the real growth and expansion is happening in the "developing" nations.
Am I reading it right that 17% of job growth was the government?
What the hell
The bureaucracy is expanding to meet the needs of the expanding bureaucracy.
O. Wilde of course, never disappoints.