Posted 2/28/2024, 5:53:21 PM
Government Hiring Surge Accounts for Quarter of Recent US Job Gains, Stirring Economic Debate
- Nearly 25% of recent US job gains are in government positions, revealing heavy reliance on public sector for growth
- Surge in government hiring spans federal, state and local levels, partly filling pandemic losses
- Growth concentrated in government, healthcare, hospitality - the latter known for low wages
- Contrasts with tech/finance layoffs, highlighting complex economic situation
- Raises debates about role of public hiring for stability amid uncertainty, and fiscal sustainability
