The most recent jobs report from the Bureau of Labor Statistics shows the United States economy exceeded expectations by adding 353,000 jobs in January. This continues the labor market's years-long trend of resilience in the face of the Federal Reserve's interest rate hikes. However, digging deeper into the numbers reveals figures that economists are keeping a close eye on.Today, we explain why it's not necessarily ideal for local government jobs to lift up a booming labor market.*For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org).Music by Drop Electric). Find us: TikTok), Instagram), Facebook), Newsletter). *Learn more about sponsor message choices: podcastchoices.com/adchoices)NPR Privacy Policy)
