By industry, nonfarm jobs were again dominated by government and government-supported Healthcare & Social Assistance. The other private industries as a group posted a small positive result, primarily due to a seasonal uptick in activity in Construction and accelerated trade shipments in advance of the recent tariff actions. Jobs in the other private industries previously peaked in September 2022. Since then, nonfarm jobs growth has been solely in government and Healthcare & Social Assistance. Over the past 31 months, jobs largely dependent on public funding grew by 565,800, while jobs in the other private industries fell by 349,800. Even with jobs being propped up by the state’s continued deficit spending, the average monthly gain of only 7,000 coming from government-supported jobs in this period again emphasizes the extent to which the state’s economy was stagnant even before
the recent actions by the federal government.
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