Would Employment Growth Be Higher if Government Was Growing?

Today’s employment figure came in at 135.637 million, an increase of 175K over the prior month.  With another 175K jobs added during the month of May, total employment growth has been consistently positive since October 2010 (32 months), with total employment growth since the beginning of 2010 at 6.624 million according to BLS data. Some analysts and labor market observers, probably the majority, classify this recovery as moderate.  In terms of explaining why we’re seeing such a slow recovery, one of the major reasons, perhaps the main reason, given by professional analysts is that government is not taking part in…