“Signs of a DOGE recession are flashing in D.C. — rising unemployment, less credit card spending and jitters about more federal cuts,” Axios reports.
“A local ‘mild recession’ is expected as the Trump administration downsizes the capital city’s big factory — the federal government, employer to 17% of the region’s workforce.
”“Even before most of the federal job cuts, the number of unemployed residents in D.C. increased 12.2% in February over last year, city stats show.”