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|    dc.politics    |    General havoc in Washington DC    |    48,889 messages    |
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|    Message 48,816 of 48,889    |
|    useapen to All    |
|    Unemployment spikes in Washington, D.C.,    |
|    18 Feb 25 10:18:41    |
      XPost: soc.culture.african.american, alt.politics.trump, alt.fan.rush-limbaugh       XPost: sac.politics, talk.politics.guns       From: yourdime@outlook.com              President Donald Trump’s moves to fire thousands of federal government       workers have coincided with a surge in jobless claims in Washington, D.C.,       that could get worse as the efforts intensify.              Since Trump has taken office, nearly 4,000 workers in the city have filed       for unemployment insurance as part of a surge that began at the start of       the new year, according to Labor Department figures not adjusted for       seasonal factors.              In all, just shy of 7,000 claims have been filed in the six weeks of the       new year, or about 55% more than in the prior six-week period. Filings       rose to 1,780 for the week ending Feb. 8, a 36% increase from the prior       week and more than four times around the same period in 2024.              By contrast, the total level of claims in the U.S. has been moving little,       with the four-week moving average of initial claims at 216,000, little       changed from the beginning of the year and actually trending lower for the       most part over the past several months.              The jump in D.C. claims comes as Trump and the Elon Musk-led Department of       Government Efficiency advisory board have ordered layoffs across the       government structure and instituted buyout programs for early retirement.              “I expect it to go higher, and definitely we’ll be watching it very       closely,” said Raj Namboothiry, senior vice president at Manpower North       America, the workforce solutions company.              While it’s unclear what share of the spike is directly related to federal       government workers, the rise coincides with the White House ordering the       layoffs of probationary employees along with thousands of others as the       administration seeks a broad-based reduction in the labor force. In       addition, some 75,000 employees have accepted the buyout offer.              Washington, D.C., had one of the highest unemployment rates in the country       at 5.5% as of December 2024, surpassed only by Nevada, according to the       Bureau of Labor Statistics. However, the metropolitan area including the       Arlington and Alexandria, Va., area was at just 2.7%. The national       unemployment rate for the month was 4.1%, before slipping to 4% in       January.              Broader labor picture still solid       Namboothiry said the reduction of the federal workforce could present some       problems in the region, though it would do little to dent a national       picture that he called “fairly stable.”              “Yes, the numbers are definitely sizable,” he said. “But because you’re       spread across multiple [geographies], multiple skill sets, multiple       sectors, I don’t see that playing a significant role in impacting the       overall market.”              https://www.nbcnews.com/news/us-news/unemployment-spikes-washington-dc-       trump-musk-rcna192398              --- SoupGate-DOS v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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