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@ Layer3.news
2025-02-24 05:23:10
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WHAT DO MASS FEDERAL LAYOFFS MEAN FOR THE LABOR MARKET?
https://images.wsj.net/im-16367696/social
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✍️ The federal government is laying off workers, which could have a significant impact on the US job market, depending on the number and type of jobs cut.
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👉 The federal government is the country's largest employer, with 2.4 million civilian employees
👉 The impact of federal cutbacks will depend on how many jobs are cut and the spillover effect on contractors and spending
👉 The US job market could be significantly affected if hundreds of thousands of jobs are lost
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#Washington,D.C. #politics
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