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mahatmakanejeeves

(57,425 posts)
Fri Jan 11, 2019, 11:35 AM Jan 2019

Government Shutdown Could End 99-Month Job Growth Streak [View all]

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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