Q&A: Federal Job Cuts May Lead to Reckoning and Reinvention in Virginia
VIRGINIA, JUL 23 – Virginia's drop from CNBC's top business ranking is linked to federal workforce layoffs causing six months of rising unemployment in Northern Virginia, officials reported.
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A stiff price to pay: Predicting federal job losses due to Carney’s cuts
The newly elected federal government has promised major military spending increases and tax cuts. To pay for it, the government is seeking 15 per cent in cuts across all federal departments except the Department of Defence, the RCMP, Canada Border Services Agency, the Supreme Court and the Parliamentary Budget Office.
Q&A: Federal job cuts may lead to reckoning and reinvention in Virginia
Virginia’s job market has taken a hit, with Northern Virginia receiving the brunt of it. The state’s unemployment rate has risen for six consecutive months due to the sweeping layoffs impacting the federal government. A recent report from the Northern Virginia Chamber highlighted the challenges faced by workers in Northern Virginia, calling for the region to reinvent its economy in the wake of President Donald Trump’s administration’s downsizing…
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