Discussion Paper
Recent Employment Changes in the D.C. Area
Abstract: An important role of the Richmond Fed is understanding economic developments in our Fifth District. The concentration of federal employees and spending in the District of Columbia, Maryland, and Virginia has made it particularly important to understand any potential impact of federal spending and workforce cuts on the regional labor market. This post describes some of the labor market data that we track and explores recent employment declines and elevated unemployment claims in the public and private technical sector of the D.C., Maryland, Virginia (DMV) region.
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https://www.richmondfed.org/region_communities/regional_data_analysis/regional_matters/2025/recent_employment_changes_DC_area
Description: Discussion Paper
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Provider: Federal Reserve Bank of Richmond
Part of Series: Regional Matters
Publication Date: 2025-07-17