I know a few people that work at at the government. It seems like the best job ever – you work 9-5, no overtime, and it’s impossible to get fired (thank you unions). I also hear that you get a lower interest rate if you borrow from the bank, simply because your job is that damn stable. In Chinese, we call this type of job an “iron rice bowl”, because normal rice bowls are made of porcelain which breaks.
The only downsides, of working for the government, are things like tons of politics, incompetent people around you that are immune to firing, and boredom.
I still think cons are a small price to pay for all that job security.