Federal Job Cuts Surge
This is a news story, published by Marketplace, that relates primarily to The Department of Government Efficiency news.
unemployment news
For more unemployment news, you can click here:
more unemployment newsMarketplace news
For more news from Marketplace, you can click here:
more news from MarketplaceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like unemployment news, you might also like this article about
federal layoffs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest total federal spending news, job cuts news, unemployment news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
tax cutsMarketplace
•Business
Business & Economics
Federal workers’ salaries represent under 5% of federal spending
77% Informative
Federal workers' salaries represent less than 5% of federal spending and 1% of GDP.
The Department of Government Efficiency is spearheading these federal layoffs to cut what it considers wasteful government spending.
In 2024 , the government spent almost $7 trillion , the largest spending categories were Social Security , health insurance programs and defense.
VR Score
79
Informative language
78
Neutral language
23
Article tone
informal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
7
Affiliate links
no affiliate links