
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress. Wednesday’s report says the number of homes for sale in the District of Columbia-Maryland-Virginia region has jumped by 64% since June 2024. The region’s unemployment rate has increased more than three times compared with the rest of the nation. The report notes Washington has had the nation’s highest seasonally adjusted unemployment rate for four straight months. The report warns these changes could shape consumer spending and investment in the local economy. The White House hasn’t responded to a request for comment.