The federal workforce in and around Washington, DC, has shrunk by about 22,100 in the year through May, according to a new report, and the decline is expected to continue. The article points to ongoing government downsizing, with implications for labor-market conditions and federal spending. Market impact is likely limited but relevant for policy and regional economic outlooks.
The federal workforce in and around Washington, DC, has shrunk by about 22,100 in the year through May, according to a new report, and the decline is expected to continue. The article points to ongoing government downsizing, with implications for labor-market conditions and federal spending. Market impact is likely limited but relevant for policy and regional economic outlooks.
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mildly negative
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-0.15
