Friday, January 31, 2025

How low should it go?

Percent of total employment: Private Sector vs Federal Government:

Graph #1: Federal (red) and Private Sector (blue) Employment as Percent of Total Employment


A detail view:

Graph #2: Here I leave out the big, blank middle of the graph.


Recent readings show private sector employment at about 85 percent of total employment, and federal at less than 2 percent. (The numbers don't add up to 100 percent.) The FRED page provides a link to Table B-1 which lists additional sectors, with links to the data.

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