The article reflects on the contrasting economic experiences during the Great Recession and the current job-related turmoil in Washington D.C. It recounts how, during the recession, cities like Kokomo and Lorain suffered severe job losses while D.C. prospered and remained insulated due to its government employment. This dynamic has now reversed, as significant layoffs in federal jobs, driven by changes in the labor market, are projected to result in the loss of up to 40,000 jobs and a potential $1 billion revenue drop for the city.
In 2008, as the Great Recession was starting, my travels reporting on Barack Obama's presidential campaign took me to cities reeling from major layoffs.
The District of Columbia has seen a massive rise in unemployment claims, increasing 25% in just one week.
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