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Mass layoffs of federal workers could hurt families and local economies — but may not dent the overall economy

CNN, POOL, X | @ELONMUSK By Matt Egan and Alicia Wallace, CNN (CNN) — Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person civilian workforce is massive. Yet some economists are confident the widespread terminations spearheaded by Musk’s

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Mass layoffs of federal workers could hurt families and local economies — but may not dent the overall economy

By Matt Egan and Alicia Wallace, CNN (CNN) — Elon Musk, wielding a chainsaw, is overseeing a rapid shrinking of the nation’s largest employer: the federal government. There’s no doubt the federal government’s 3.02 million-person civilian workforce is massive. Yet some economists are confident the widespread terminations spearheaded by Musk’s Department of Government Efficiency (DOGE)

Continue Reading