Kevin Warsh, a Federal Reserve governor during the Great Recession, noted in a Wall Street Journal op-ed earlier this year, “If you’ve seen one financial crisis, you’ve seen one financial crisis.” That is to say, all…
Category: Employment
In Some Ways, the Swamp Has Already Been Drained
As a candidate for the presidency, Donald Trump famously pledged to “drain the swamp” by, among other things, reducing the size of the federal government. This would be accomplished in part by workforce attrition and in…
Beware the “Retirement Tsunami”
Immediately following Donald Trump’s oath of office, his campaign proposal Contract with the American Voter became an action plan. The second item listed is the President’s declaration that he would pursue “a hiring freeze on all…
Office-using employment is 93% recovered. So why the slow absorption?
The following post was written by Andrea Cross, Colliers’ National Office Research Manager | USA. Despite a slow recovery in the office market, growth in office-using employment has outpaced overall employment growth during the last few…
The Federal Employment Trend Revisited
Politicians and economists can be accused of willfully obfuscating the “government employment trend” to serve their ideology. As an example, Republican Senator Rand Paul and liberal economist Paul Krugman engaged in a heated debate last Fall over…
Understanding the Federal Employment Trend
At last week’s Republican Convention the GOP platform was unveiled revealing the party’s plan to reduce the federal payroll by 10%, an effort we expect would be largely implemented through workforce reductions. This is nothing new.…
A Look at Two Workforce Reduction Bills
With the November election approaching, the topic of federal workforce reduction looms ever larger. The Republicans unveiled their Platform last Tuesday night (August 28th) and in it asserted their desire to reduce the federal payroll by…
Will Sequestration = 2.14 Million Lost Jobs?
As the threat of sequestration looms ever larger, the results of a new study released this week (on Tuesday, July 17) by the Aerospace Industries Association (AIA) indicate that more than 2.14 million U.S. jobs—including about…
Federal Employment Expected to Decline
This week Bureau of Labor Statistics (BLS) published its employment forecasts for the decade from 2010-2020. The good news is that BLS predicts an increase of nearly 20.5 million jobs over the course of this decade,…
More Downsizing Indicators
As further evidence that the federal government has begun the process of downsizing, a number of federal agencies have recently made —or will soon make—voluntary buyout and early retirement offers to employees. More than a dozen…