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IPFS News Link • Government

Government + Social Assistance Accounted for Nearly 60% of Job Growth in 2023

• Mish Talk

Welfare State Surge 2022 vs. 2023

• Government: 5.74% 2022 vs 24.92% 2023

• Social Assistance: 16.31% 2022 vs 34.11% 2023

• Government + Social Assistance: 22.04% 2022 vs 59.02% in 2023

Government employment and Social Assistance at the state level is surging. Much of it can be attributed to the surge in illegal immigration.

A portion of healthcare jobs, perhaps a large portion, is demographics. Boomers are getting older. Medicare needs and assistance needs are rising for this reason as well.