May 4, 2010
Now Hiring – The Federal Government
Here is an interesting poll from Gallup – the Job Creation Index. I was not familiar with this one until seeing it on Drudge. I always have a tinge of skepticism for any poll, but this one has a staggering finding (emphasis mine):
Gallup’s Job Creation Index clearly indicates that state and local governments are in the midst of significant downsizing, no doubt reflecting budgetary issues resulting from recessionary pressures on the tax (and other) revenue that funds these governments.
Hiring at the federal level has apparently to date escaped these same fiscal pressures. Indeed, the federal government appears to be significantly outpacing the private sector in terms of the relative number of jobs created.
How long this pattern will continue is difficult to project. The federal budget deficit is likely to become a prominent element of political debate in the months and years ahead, thus opening up the possibility of increased employment pressures at the federal level. At the moment, however, the federal government is one of the brightest spots in the nation’s hiring picture.
Never a good sign.
