Current:Home > MarketsHow local government is propping up the U.S. labor market -Infinite Edge Capital
How local government is propping up the U.S. labor market
View
Date:2025-04-14 11:35:22
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! (619)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- In New York, Attorney General Letitia James’ Narrow View of the State’s Green Amendment
- Trial in the fatal daytime ambush of rapper Young Dolph reset to September
- Hot air balloon struck Indiana power lines, burning three people in basket
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- It’s a fool’s errand to predict US men’s gymnastics team for Paris. Let’s do it anyway!
- In cities across the US, Black and Latino neighborhoods have less access to pharmacies
- The bodies of 2 canoeists who went over waterfall in Minnesota’s Boundary Waters have been recovered
- This was the average Social Security benefit in 2004, and here's what it is now
- The Daily Money: Build-to-rent communities growing
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Miley Cyrus Asks Where the F--k Was I? While Calling Out 20-Year Wait for Grammy Recognition
- IRS sues Ohio doctor whose views on COVID-19 vaccinations drew complaints
- Sally Buzbee, executive editor of The Washington Post, steps down in 'abrupt shake-up'
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Chinese spacecraft lands on far side of moon
- Budget season arrives in Pennsylvania Capitol as lawmakers prepare for debate over massive surplus
- What is ‘dry drowning’ and ‘secondary drowning’? Here's everything you need to know.
Recommendation
What to watch: O Jolie night
Ben Affleck and Jennifer Lopez Tackle Breakup Rumors With PDA Outing
Chinese spacecraft lands on far side of moon
Group says it intends to sue US agencies for failing to assess Georgia plant’s environmental impact
Meet first time Grammy nominee Charley Crockett
Brother Marquis of Miami hip-hop group 2 Live Crew has died at 58
Rural pharmacies fill a health care gap in the US. Owners say it’s getting harder to stay open
A court might hear arguments before the election on Fani Willis’ role in Trump’s Georgia case