{"id":348217,"date":"2025-09-17T21:39:25","date_gmt":"2025-09-18T02:39:25","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/09\/17\/ej-antoni-ssustainable-employment-measure-is-in-the-red\/"},"modified":"2025-09-17T21:39:25","modified_gmt":"2025-09-18T02:39:25","slug":"ej-antoni-ssustainable-employment-measure-is-in-the-red","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/09\/17\/ej-antoni-ssustainable-employment-measure-is-in-the-red\/","title":{"rendered":"EJ Antoni \u2018s\u201dSustainable\u201d Employment Measure Is in the Red"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-58040\">&#13;<br \/>\n\t\t\t\t<!-- .entry-header -->&#13;<br \/>\n&#13;<\/p>\n<div class=\"entry-content\">\n<p><a href=\"https:\/\/x.com\/RealEJAntoni\/status\/1832050621547262427\">EJ Antoni<\/a> noted a year ago (Sept 6, 2024):<\/p>\n<blockquote>\n<p>gov\u2019t and the gov\u2019t-dominated healthcare sector [employment growth].. it\u2019s all tax-payer funded, and it\u2019s not at all sustainable<\/p>\n<\/blockquote>\n<p>I plot EJ Antoni\u2019s definition of \u201csustainable\u201d employment:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-58041\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel.png\" alt=\"\" width=\"835\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel.png 835w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel-300x202.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel-768x516.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/09\/antoni_emplchange_prel-624x419.png 624w\" sizes=\"(max-width: 835px) 100vw, 835px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Change in EJ Antoni \u201cSustainable\u201d Employment (bold black line), health and social services employment (tan bar), government (blue bar), and NFP ex-health and social services and government employment (green bar), 000\u2019s, s.a. All statistics are based on preliminary benchmark revision. Assumes total downward revision in private education and health is equal to downward revision to health and social services. Source: BLS via FRED, <a href=\"https:\/\/www.bls.gov\/news.release\/prebmk.nr0.htm\">BLS<\/a>, and author\u2019s calculations.<\/em><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content -->&#13;<br \/>\n\t\t&#13;<\/p>\n<footer class=\"entry-meta\">&#13;<br \/>\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/09\/ej-antoni-ssustainable-employment-measure-is-in-the-red\" title=\"7:25 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-09-17T19:25:51-07:00\">September 17, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->&#13;\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/09\/ej-antoni-ssustainable-employment-measure-is-in-the-red\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; EJ Antoni noted a year ago (Sept 6, 2024): gov\u2019t and the gov\u2019t-dominated healthcare sector [employment growth].. it\u2019s all tax-payer funded,<\/p>\n","protected":false},"author":1,"featured_media":348218,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/348217"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=348217"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/348217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/348218"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=348217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=348217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=348217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}