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Fri Jan 11, 2019, 11:35 AM

Government Shutdown Could End 99-Month Job Growth Streak

Source: The Wall Street Journal.

ECONOMY
Government Shutdown Could End 99-Month Job Growth Streak
If 380,000 federal workers are dropped from payrolls, employment would fall for first time since 2010

By Eric Morath
Jan. 11, 2019 7:00 a.m. ET

The partial government shutdown could cause the longest stretch of continuous job growth recorded in the U.S. to come to an end this month.

U.S. employers, including private businesses and government agencies, have added jobs every month since October 2010, a streak of 99 months. That is the longest run on record dating back to 1939 and would come to an end, if hundreds of thousands of government workers furloughed by the partial shutdown are dropped from federal payrolls.

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Read more: https://www.wsj.com/articles/government-shutdown-could-end-99-month-job-growth-streak-11547208000



If 380,000 furloughed government workers are dropped from federal payrolls, the longest job-growth streak since 1939 would come to an end




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Reply Government Shutdown Could End 99-Month Job Growth Streak (Original post)
mahatmakanejeeves Jan 11 OP
ProudMNDemocrat Jan 11 #1
IronLionZion Jan 11 #2
pwb Jan 11 #3
debsy Jan 11 #4

Response to mahatmakanejeeves (Original post)

Fri Jan 11, 2019, 11:38 AM

1. Result: Millions of votes LOST to Republicans in 2020.........


The longer this shutdown lasts, the more votes Republicans LOSE in 2020. We have to think like they do.

Democrats see lives disrupted or ruined . Republicans SEE votes in their column.

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Response to mahatmakanejeeves (Original post)

Fri Jan 11, 2019, 11:41 AM

2. I bet a lot of folks would leave government service

and it will be harder to recruit good talented people in the future. But of course it's the low income contractors who are screwed the hardest and they don't have many options to find new jobs in time to pay the rent/mortgage.

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Response to mahatmakanejeeves (Original post)

Fri Jan 11, 2019, 12:11 PM

3. Putin must be thrilled.

.

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Response to mahatmakanejeeves (Original post)

Fri Jan 11, 2019, 12:55 PM

4. It just dawned on me:

The GOP has been trying to privatize and shrink everything government-related for many years now. What if they are emptying the halls of federal employees, only to replace them with contractors (who, if history teaches us anything, will cost MUCH more than government employees and will not be loyal to the people but to their corporate paymasters).

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