Unemployment Rate Plummets to 4.3% - For Government Workers (cost, federal, jobs)
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Of course Republicans are against BIG GOVERNMENT and have been for quite some time.
The fact that running the nation becomes more and more complex doesn't change that.
Plus, Bush was forced to create a few brand new government entities post-911.
No one held a gun to his head. He made government bigger. He also added more to Medicare. He made defense bigger and supported greater invasion of privacy. Both parties are for big government, it just depends what sort of big government you support. Remember, Reagan expanded Social Security.
and this is why the unemployment rate dipped as well. I had predicted this over a year ago: just before the election our wonderous Pres would get the rate down, by hook or by crook!! Add to the government workers low unemployment rate, think of the number of people who have stopped looking, the number who have taken part time jobs and the number who have decided to work on thier own, starting up small home based compnies. All these and the underemployed have to be figured into the picture, but the media will try to ignore those figures...
Leave it to Republicans to hate the fact that people are being hired.
But they are not, or let's put it this way: the figures are as phony as can be...I am glad people are being hired, if they are being hired for real jobs, and not make believe ones.
Government jobs are unique in that the salary is derived not from profits generated by the work that is done, but from taken a little bit from a bunch of other people's salaries in taxes. In other words, the gov't job exists only because a bunch of other jobs have been slightly impaired. It's like taking a couple gallons of gas from 6 cars in order to fill the seventh (gov't) car. Nothing has really been created--just transferred.
Now if that 7th car is being used for an essential service, one that would not otherwise be provided by the private sector, all well & good. Otherwise, it does not make sense to fill its tank from the 6 other cars.
Government jobs are unique in that the salary is derived not from profits generated by the work that is done, but from taken a little bit from a bunch of other people's salaries in taxes. In other words, the gov't job exists only because a bunch of other jobs have been slightly impaired. It's like taking a couple gallons of gas from 6 cars in order to fill the seventh (gov't) car. Nothing has really been created--just transferred.
Now if that 7th car is being used for an essential service, one that would not otherwise be provided by the private sector, all well & good. Otherwise, it does not make sense to fill its tank from the 6 other cars.
Of course the root of the issue is: "What constitutes an 'essential service'?"
YOU have YOUR opinion, others haver THEIR opinion.
There is no REAL answer to that question.
The best news anywhere in the U.S. economy over the past three months has been in the government sector, where unemployment has dropped dramatically from 5.7 percent in July to 5.1 percent in August to 4.3 percent in September, according to the Bureau of Labor Statistics.
Both the federal and state governments increased their employees in July, August and September.
The Obama administration has added 10,000 civilian workers to the federal government's payroll since July, according to BLS. In that month, the federal government employed 2,804,000 civilian workers. In August, that increased to 2,810,000. And, in September, the number of civilian federal employees increased again to 2,814,000.
.........
State governments have added a net of 17,000 new workers to their taxpayer-funded payrolls over the past three months. In July, state government around the nation employed 5,052,000 people. In August, that climbed to 5,056,000, and in September it climbed again to 5,069,000.
White males older then 25 with a college degree have an unemployment rate of 4.1%. Many of those are government workers.
Make sense?
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