Government adds 50K jobs monthly for two years. Half were Biden’s attempt to mask a market collapse with debt.

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For the past two years, the US government has been hiring an average of 50,000 workers per month, marking one of the highest rates in the last 30 years. This surge in hiring, which includes federal, state, and local positions, has played a key role in bolstering the labor market, helping to delay a potential recession. The significant growth in government employment has been particularly notable in 2023 and 2024, with employment rising by 709,000 in 2023 alone.

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Despite these strong gains, history shows that high levels of government job creation have rarely been enough to prevent recessions. The government’s efforts have contributed to a more resilient labor market, but economic downturns can still occur regardless of public sector growth. By September 2023, government employment had even surpassed pre-pandemic levels, providing a temporary buffer against a potential economic contraction.

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Ultimately, while government hiring can help sustain economic momentum, the risk of a recession remains ever-present. This recent spree of hiring may only delay the inevitable, as past trends have shown that government jobs alone cannot fully safeguard against broader economic shifts.


Sources:

https://www.bls.gov/opub/ted/2024/employment-in-government-rose-by-709000-in-2023.htm

https://fred.stlouisfed.org/series/USGOVT