A report released on Wednesday highlights the effects of the Department of Government Efficiency’s (DOGE) remaking of the federal workforce on the Washington job market. The DMV Monitor, a real-time data interactive, revealed a 64% increase in homes for sale in the DC, Maryland, and Virginia region since June 2024, with the region’s unemployment rate being the highest in the nation. DOGE’s purges of federal agencies led to tens of thousands of job cuts, including layoffs and incentives to quit, significantly impacting the Washington area.

Scott Kupor, director of the U.S. Office of Personnel Management, predicts a total of 300,000 fewer federal workers nationwide by the year’s end. Alongside mass layoffs, President Trump’s actions to reshape the nation’s capital, such as deploying National Guard troops and federalizing the city’s police department, may further impact consumer spending and investment. The report warns of stagnating private-sector job growth and the potential for more federal job losses in the future.