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Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
Unemployment in the Washington metropolitan area hit 6% in August, with homes for sale rising 64% since June 2024 amid federal workforce cuts and stalled private-sector job growth.
- The federal workforce reduction has caused a 64% rise in homes for sale and the highest unemployment rate in the Washington D.C. area.
- The Trump administration's efforts to shrink the federal government have weakened the D.C. region's economy more than the nation overall.
- In addition to job cuts, Trump's actions like deploying troops and taking control of local police could impact consumer spending and investment.
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45 Articles
45 Articles
Associated Press News+43 Reposted by 43 other sources
Trump's workforce purge batters DC's job market and leads to rise in homes for sale, report finds
A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress.
·United States
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Total News Sources45
Leaning Left6Leaning Right3Center28Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
L 16%
C 76%
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