cross-posted from: https://lemmy.world/post/40818690
NEED TO KNOW
Donald Trump bragged about eliminating hundreds of thousands of federal jobs in a Dec. 26 Truth Social post
The White House’s Rapid Response team said job positions within the U.S. government are at the lowest level since 2014, with 271,000 roles abolished
According to the latest data from the Bureau of Labor Statistics, the unemployment rate in the United States in November is at 4.6%, with 7.8 million people unemployed


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Let’s assume average pay is 40k per those employees. 270,000 x 40,000 is almost 11 billion dollars taken out of the economy. 11 billion dollars that isn’t going to rent, property taxes, food, entertainment.
So stupid.
Not to mention most if not all of those jobs were providing real value to the country.