Saturday, August 5, 2017

Federal Employees as a Percent of All Employees


I marked up a graph from yesterday's post:

Graph #1: Federal Government Employment as a Percent of All Employment
Or look at it this way. Take that blue line, showing Federal employment as a percent of total employment, and put it on a graph along with the growth rate of Real GDP. The employment line makes a remarkably good trend line for RGDP growth:

Graph #2: Real GDP Growth (red) and Federal Employment as a Percent of All Employment (blue)
Weird, huh?

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