I saw a Wall Street Journal article today called A History of Government Employment, and I thought the data it presented was very interesting. The piece goes on to say,
The current percentage (16%) is subject to change again. Following cutbacks during the recession, the government has started hiring for more positions again...But just because the number of government jobs is rising again doesn’t mean their share of total jobs will go up. In fact, the overall percentage may continue to decline. Looking at the percentage change in jobs since January, total jobs are rising at a faster rate than local and state government jobs. The number of federal jobs has gone declined from January.
I thought this was interesting. The graph they presented along with saying this looked like this:
Based on this graph, it seems as though we are continuing our dip from the high levels we had mid 70's, meaning less of a share of public jobs. However, as WSJ provided their data, I quickly made a chart similar to theirs.
You can see from this graph that the large majority of jobs is still in the private sector, as it has been since the 40's. Even in a stacked graph not in percentages, you can see that the relative amount of government jobs changes very little.
Well, that's my piece for today. Make sure to check out the WSJ article this data came from and let me know if you think recent changes are a big deal in
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