Federal Downsizing and Unemployment: What the Data Shows for the District's Future
The federal government has embarked on a major downsizing of the federal workforce, which has significant ramifications for the District of Columbia's (District) economy and finances. Our office’s recent revenue estimate reflects the impact of the downsizing on the District's revenue, forecasting a loss of 40,000 federal jobs and a total of 32,000 jobs in the District over the next four years.
