“Political alignment” could be the real indicator of labor market health in Washington, D.C., according to a recent report from Cushman & Wakefield.
The Trump administration has pushed ahead to reduce the federal workforce, which would strongly affect the need for office space in the nation’s capital and environs. Historical mechanisms could result in other parts of the labor market expanding. Unfortunately, conditions are more volatile than has been the case in the past, so forecasting the immediate future is still difficult.
Cushman’s approach is not to look at federal jobs in isolation, but at the dynamic of government and private sector together. The firm said federal job losses aren’t unusual and that there have been previous attempts to rein in the government workforce.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
