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You are here: Home / Economy / Effort to Cut Federal Workforce Takes Aim at Jobs Engine

Effort to Cut Federal Workforce Takes Aim at Jobs Engine

December 5, 2024 at 8:26 am EST By Taegan Goddard Leave a Comment

“Elon Musk’s plan to slash the federal workforce under Donald Trump is poised to upend one of the strongest engines of the US labor market: the government,” the Financial Times reports.

“Government and healthcare jobs have been the biggest source of employment in the past year, particularly for knowledge workers, data shows. US job recruiters, economists and labor leaders fear the plan to cut the workforce could crimp the number of good available jobs at a time of declining private-sector employment, compounding already-stiff competition for white-collar jobs.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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