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Thursday, October 6, 2022

‘Tens of Thousands’ of Government Contractors Laid Off Due to Shutdown

As unemployment filings among furloughed federal employees doubled last week across Maryland, Virginia and Washington, D.C., the effects on government contractors are beginning to take shape.

The shutdown is costing contractors an estimated $1.5 billion per week and companies that primarily serve the government have already hemorrhaged “tens of thousands of people,” according to David Berteau, who represents hundreds of companies as head of the Professional Services Council.

Those unemployed government contractors are likely to join the 9,000 furloughed federal employees added to unemployment rolls in the capital region during the week of Jan. 5, Berteau said.

Read more at NextGov.

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The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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