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How DOGE's federal layoffs could impact the labor market
The Department of Government Efficiency (DOGE), under the leadership of tech billionaire Elon Musk and entrepreneur Vivek Ramaswamy, is implementing widespread federal job cuts across multiple agencies in an effort to reduce government spending.
In today's Chart of the Day, Madison Mills analyzes trends in jobless claims in the Washington, D.C. area and dissects what this could signal for future labor market conditions.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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