Government is the Biggest Growth Industry Under Biden

Here’s one amazing comparison in the chartbook. We have noted many times that the biggest increase in employment in the last two years under Biden has been in government.

Here are the totals under the two presidents. Public payrolls since Biden came into office are up by an astonishing 1.7 million net hires. Health care, which is quasi-governmental at this point, is up 1.65 million.

By contrast, under Trump, ALL of the net new jobs on the net were outside of government and health care.

Government employment actually shrank during Trump’s first term, mostly due to reductions in hiring at the state and local level.

We still can’t figure out why – given the $2 trillion federal deficit and the tens of billions of dollars of unfunded state and local pension liabilities – states, localities, and feds keep adding to their payrolls.

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