Current：Home > StocksHow local government is propping up the U.S. labor market -Wealth Navigators Hub
How local government is propping up the U.S. labor market
View
Date：2025-04-19 02:37:22
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！ (42)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- 'Dangerous' convicted child sex offender who escaped Missouri hospital captured by authorities
- Surgeons perform second pig heart transplant, trying to save a dying man
- 2 teens held in fatal bicyclist hit-and-run video case appear in adult court in Las Vegas
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Anheuser-Busch says it has stopped cutting the tails of its Budweiser Clydesdale horses
- Anheuser-Busch says it has stopped cutting the tails of its Budweiser Clydesdale horses
- A shooting in a pub in Sweden has killed 2 men and wounded 2 more, police say.
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Kendall Jenner and Bad Bunny Are Giving a Front Row Seat to Their Romance at Milan Fashion Week
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Authorities in Indian-controlled Kashmir free a key Muslim cleric after years of house arrest
- BTS member Suga begins alternative military service in South Korea
- A Beyoncé fan couldn't fly to a show due to his wheelchair size, so he told TikTok
- This was the average Social Security benefit in 2004, and here's what it is now
- A fire at an Iranian defense ministry’s car battery factory has been extinguished, report says
- Christian McCaffrey and the 49ers win 13th straight in the regular season, beat the Giants 30-12
- Authorities search for suspect wanted in killing who was mistakenly released from Indianapolis jail
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Massachusetts has a huge waitlist for state-funded housing. So why are 2,300 units vacant?
Travis Barker’s Son Landon Releases First Song “Friends With Your EX” With Charli D’Amelio Cameo
Yes, You Can Have a Clean Girl Household With Multiple Pets
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Jury convicts ex-NFL draft prospect of fatally shooting man at Mississippi casino
North Carolina legislature gives final OK to election board changes, with governor’s veto to follow