• bitcoinBitcoin(BTC)$83,959.00-0.33%
  • ethereumEthereum(ETH)$2,690.130.05%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$774.47-0.55%
  • rippleXRP(XRP)$1.572.60%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$121.533.95%
  • tronTRON(TRX)$0.337483-0.87%
  • zcashZcash(ZEC)$1,550.810.27%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.83%
  • HyperliquidHyperliquid(HYPE)$91.47-2.91%
  • dogecoinDogecoin(DOGE)$0.0981212.21%
  • moneroMonero(XMR)$559.681.07%
  • chainlinkChainlink(LINK)$13.885.35%
  • whitebitWhiteBIT Coin(WBT)$83.87-0.58%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.2550922.95%
  • RainRain(RAIN)$0.0121550.57%
  • leo-tokenLEO Token(LEO)$8.82-1.33%
  • stellarStellar(XLM)$0.2196853.48%
  • bitcoin-cashBitcoin Cash(BCH)$340.621.46%
  • nearNEAR Protocol(NEAR)$5.066.68%
  • uniswapUniswap(UNI)$9.613.45%
  • litecoinLitecoin(LTC)$71.04-0.31%
  • CantonCanton(CC)$0.12934013.41%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • suiSui(SUI)$1.1512.49%
  • avalanche-2Avalanche(AVAX)$10.491.06%
  • daiDai(DAI)$1.000.01%
  • USD1USD1(USD1)$1.000.02%
  • hedera-hashgraphHedera(HBAR)$0.0945121.97%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.430.67%
  • BittensorBittensor(TAO)$308.473.92%
  • BitwayBitway(BTW)$1.2921.50%
  • shiba-inuShiba Inu(SHIB)$0.0000061.35%
  • crypto-com-chainCronos(CRO)$0.0656884.05%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • MemeCoreMemeCore(M)$1.19-2.10%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • tether-goldTether Gold(XAUT)$4,290.460.59%
  • OndoOndo(ONDO)$0.556.60%
  • EthenaEthena(ENA)$0.26091717.08%
  • okbOKB(OKB)$120.570.91%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • Circle USYCCircle USYC(USYC)$1.140.03%
  • aaveAave(AAVE)$152.894.90%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.05%
  • mantleMantle(MNT)$0.67-2.25%
  • polkadotPolkadot(DOT)$1.192.32%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Government jobs slashed by 23K under Trump, Elon Musk’s DOGE — most since Reagan

May 2, 2025
in Business
Reading Time: 7 mins read
A A
Government jobs slashed by 23K under Trump, Elon Musk’s DOGE — most since Reagan
ShareShareShareShareShare

The ranks of US government workers fell for a fourth straight month in April with non-postal employment falling by 8,500 as President Trump and adviser Elon Musk aim for drastic cuts in the federal workforce.

With the latest reductions, reported on Friday in the monthly nonfarm payrolls report from the Bureau of Labor Statistics, federal government non-US Postal Service employment has declined by more than 23,000 so far this year.

YOU MAY ALSO LIKE

Cult-favorite California Italian deli closing after nearly 50 years

Family First credit union CEO out after ‘Lake America’ AI photo

That makes Trump the most aggressive president in cutting the federal workforce since Ronald Reagan, who oversaw a reduction of about 46,000 in early 1981.


Non-US Postal Service employment has declined by more than 23,000 so far this year. AFP via Getty Images

Including postal workers, federal civilian employment fell by 9,000 in April and has declined by 26,000 so far in 2025.

The White House, citing a media report, on Thursday said 200,000 federal workers had been laid off since Trump took office and put Tesla CEO Musk at the helm of the cost-cutting Department of Government Efficiency tasked with thinning the ranks of government workers. 

DOGE itself has not provided its own figures.

More than 75,000 federal workers have agreed to a form of buyout called deferred retirement, but they will remain on government payrolls until later this year.

In all, over 260,000 federal workers have been fired, taken buyouts or retired early, according to a Reuters tally.


President Trump
The latest data show Trump is the most aggressive president in cutting the federal workforce since Ronald Reagan, who oversaw a reduction of about 46,000 in early 1981. AFP via Getty Images

The online betting site Kalshi currently predicts Trump and Musk will cut about 300,000 federal workers by year end from a workforce that exceeded 2.4 million at the end of 2024, according to BLS data.

Should Trump’s cuts come close to that, they would rank as the largest reductions to start a new presidency since BLS started tracking federal employment in 1950, exceeding the current record of 195,000 during Dwight D. Eisenhower’s first year in 1953.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Cult-favorite California Italian deli closing after nearly 50 years
Business

Cult-favorite California Italian deli closing after nearly 50 years

September 25, 2026
Family First credit union CEO out after ‘Lake America’ AI photo
Business

Family First credit union CEO out after ‘Lake America’ AI photo

September 25, 2026
Why JPMorgan has given up predicting what the oil markets will do next
Business

Why JPMorgan has given up predicting what the oil markets will do next

September 25, 2026
Inside Kalshi CEO Tarek Mansour’s testy relationship with Indian casinos — and how it could pose an existential threat: ‘Lying little twerp’
Business

Inside Kalshi CEO Tarek Mansour’s testy relationship with Indian casinos — and how it could pose an existential threat: ‘Lying little twerp’

September 25, 2026
Next Post
Is Confidence Eroding in U.S. Investability? (With Dario Perkins)

Is Confidence Eroding in U.S. Investability? (With Dario Perkins)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Terry Moran says ABC shut down Joe Biden health concerns

Terry Moran says ABC shut down Joe Biden health concerns

September 22, 2026
JEPQ: Hedging AI Infrastructure Growth With Monthly Cash Flow (NASDAQ:JEPQ)

JEPQ: Hedging AI Infrastructure Growth With Monthly Cash Flow (NASDAQ:JEPQ)

September 23, 2026
A rare look inside a suspected cell of covert North Korean IT workers

A rare look inside a suspected cell of covert North Korean IT workers

September 21, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!