🏛️ U.S. Government Jobs Update — Trend Still Down
The latest BLS report (finally released after the shutdown) shows the same story we’ve been seeing for months:
📉 Federal Jobs Keep Dropping
September 2025 saw another 3,000 federal jobs lost, bringing total losses to 97,000 since the peak in January 2025.
👥 Total Government Employment
All levels combined (Federal, State, Local) sit at 23.6M employees — still showing a slow grind lower.
📊 Long-Term Trend
Except for the temporary Census hiring spikes every decade, federal employment has been shrinking as a share of total jobs — below 2% since 2014.
⏳ What’s Next?
Because of the shutdown, upcoming employment releases are delayed or canceled — adding even more uncertainty to markets.