PrintSeptember 5, 2009
Recession Proof Industry
Stable employment is increasingly hard to find these days. But there is one industry that, despite a sharp decrease in revenue, is on a hiring binge. This from bizjournals.com:
Federal agencies will add more than 270,000 employees during the next three years, according to a report from the Partnership for Public Service.
The total projected hiring for “mission-critical jobs” is expected to jump more than 40 percent during fiscal 2010 to 2012 from the previous three years.
The total projected hiring for “mission-critical jobs” is expected to jump more than 40 percent during fiscal 2010 to 2012 from the previous three years.
I’m always curious to know what federal bureaucrats consider “mission critical” (their own jobs top the list I suppose). The Cash for Clunkers program provides a clue. The program forced the Transportation Department to triple the staffers designated for paperwork. So while some of the more than quarter million new government employees will work in Homeland Security or the CIA, a huge portion of the new hires will merely add to the world’s largest army of paper pushers.
As all of private America tightens its belt to make it through difficult times, the federal government will roll on, merrily oblivious to the world around it.
Oh, and did I mention federal employees average double the wage of private workers?
