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Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government

  • Unemployment claims in Washington, D.C., rose sharply, with nearly 4,000 workers filing for unemployment insurance since the beginning of the year, according to Labor Department figures.
  • Approximately 7,000 claims have been filed in six weeks, marking a 55% increase compared to the previous period, based on Labor Department data.
  • The spike in jobless claims coincides with efforts by Donald Trump and Elon Musk to lay off federal workers and issue early retirement buyouts.
  • Trump's targeted reductions in federal employment have created uncertainty in job markets, particularly for some sectors, as noted by Raj Namboothiry.
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  • 47% of the sources lean Left
47% Left
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CNBC broke the news in United States on Saturday, February 15, 2025.
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