Another couple of charts from the Mercatus Center show changes in employment by sector. Not surprisingly, government sector jobs are safer during downturns while those who pay the bills look for work. But public employees trade greater job security for lower pay, right? The second chart answers that question. These are federal employment numbers and the differences are not as stark for Montana, but the trends are the same.
And of course this results in greater government spending. Here’s how that translates per household: