The sentence of the day, courtesy the U.S. Bureau of Labor Statistics (BLS).
Federal government employment is down by 271,000 since reaching a peak in January.
That figure is not an artifact of the government shut down, but represents real reductions in the federal workforce under Trump 2.0 and DOGE.
That happy news was delivered via today’s unemployment report for November. Because of the record-long government “shutdown,” the BLS report for October was abandoned.
The November report showed a net jobs gain of 64,000, and a slight uptick in the unemployment rate to 4.6 percent.
From where I stand, reducing the federal workforce is a win-win. But in BLS accounting, the reduction in government employment is a drag on the overall employment numbers,.
By origin, the number of native-born Americans employed is up more than 2,600,000 over the past twelve months. The number of foreign-born workers employed has fallen by 21,000 over the past year, reflecting the reduction in the overall foreign-born, working-age population in the past twelve months.
So much winning.
