Current:Home > ScamsHow local government is propping up the U.S. labor market -ProsperityStream Academy
How local government is propping up the U.S. labor market
View
Date:2025-04-13 17:20:20
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! (7812)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Defense chiefs from US, Australia, Japan and Philippines vow to deepen cooperation
- A tornado hit an Oklahoma newsroom built in the 1920s. The damage isn’t stopping the presses
- A former Milwaukee election official is fined $3,000 for obtaining fake absentee ballots
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Man found guilty of murder in 2020 fatal shooting of Missouri officer
- Missouri Senate filibuster ends with vote on multibillion-dollar Medicaid program
- Exxon’s Own Research Confirmed Fossil Fuels’ Role in Global Warming Decades Ago
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Dramatic video shows Indonesia's Mount Ruang volcano erupting as lightning fills clouds of hot gas and debris
Ranking
- The Daily Money: Spending more on holiday travel?
- Man arrested in fatal shooting of Chicago police officer who was heading home from work
- 2024 Kentucky Derby: The history and legacy of the Kentucky Derby hat tradition
- Yellen says threats to democracy risk US economic growth, an indirect jab at Trump
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Pregnant Francesca Farago Shares Baby Names She Loves—And Its Unlike Anything You've Heard
- Mississippi high court declines to rule on questions of public funds going to private schools
- Biden stops in Charlotte during his NC trip to meet families of fallen law enforcement officers
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Teen pizza delivery driver shot at 7 times after parking in wrong driveway, police say
US jobs report for April will likely point to a slower but still-strong pace of hiring
TikToker Maddy Baloy Dead at 26 After Battle With Terminal Cancer
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Witness says Alaska plane that crashed had smoke coming from engine after takeoff, NTSB finds
Transgender Tennesseans want state’s refusal to amend birth certificates declared unconstitutional
Middle school focuses on recovery as authorities investigate shooting of armed student