Current:Home > ContactHow local government is propping up the U.S. labor market -Profound Wealth Insights
How local government is propping up the U.S. labor market
View
Date:2025-04-15 09:47:47
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! (277)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Officer shot before returning fire and killing driver in Albany, New York, police chief says
- Beware the cicada killer: 2024 broods will need to watch out for this murderous wasp
- Emma Roberts Reveals the Valuable Gift She Took Back From Her Ex After They Split
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Katie Couric recalls Bryant Gumbel's 'sexist attitude' while co-hosting the 'Today' show
- How Ukraine aid views are shaped by Cold War memories, partisanship…and Donald Trump — CBS News poll
- Omaha teacher accused of sex crime is spouse of civilian Defense Department worker
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Southern California city council gives a key approval for Disneyland expansion plan
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Kathy Griffin, who appeared on 'Curb Your Enthusiasm,' slams star Larry David
- David Beckham Celebrates Wife Victoria Beckham’s Birthday With Never-Before-Seen Family Footage
- Biden is seeking higher tariffs on Chinese steel as he courts union voters
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Patriots deny report that Robert Kraft warned Arthur Blank against hiring Bill Belichick
- Cheryl Burke Addresses Rumors She Hooked Up With DWTS Partner Gilles Marini
- Taylor Swift announces 'Tortured Poets' music video and highlights 2 o'clock
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Arrest warrant issued for Pennsylvania State Representative Kevin Boyle, police say
Rory McIlroy shoots down LIV Golf rumors: 'I will play the PGA Tour for the rest of my career'
Teen arrested over stabbing in Australia church near Sydney that left bishop, several others wounded
Meta donates $1 million to Trump’s inauguration fund
Taylor Swift misheard lyrics: 10 funniest mix-ups from 'Blank Space' to 'Cruel Summer'
Sudden Little Thrills: The Killers, SZA, Wiz Khalifa, more set to play new Pittsburgh festival
Golden State Warriors to miss NBA playoffs after play-in loss to Sacramento Kings