This Is a Good Time to Be a Government Worker

This Is a Good Time to Be a Government Worker by Stephen Moore for TownHall

The June blockbuster jobs report is more evidence that the economy is healing, but this remains a brutal period for the some 30 million still unemployed Americans.

Nearly every industry — with very few exceptions — has been forced to impose layoffs, furloughs or dramatic reductions in hours for its employees. The one major exception has been the United States federal government, which has had virtually no layoffs since the start of the year. Since January, federal employment has risen slightly, in part due to Census workers added. Meanwhile, through May, the construction industry has lost nearly 400,000 workers; manufacturing has lost 750,000 workers; retail trade has lost 1.25 million workers; health care and education have lost 1.75 million workers, and the hospitality industry has lost almost 5 million workers.

So much for draining the swamp. The one group of workers who have suffered no loss of wages, salaries or benefits is federal employees.

Why no federal layoffs? Some are involved with health care, safety and other vital jobs related to fighting the pandemic. But there are hundreds of thousands of federal workers at agencies such as the Departments of Education, Energy, Agriculture and so on whose activities are nonessential. Most of these workers have not shown up in the office for three months now, but they keep getting full paychecks. That’s why they call it Club Fed.

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Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.