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Time Details
2025-02-16
14:24
Washington DC's Unemployment Surge Resembles 2008 Crisis

According to @KobeissiLetter, unemployment filings in Washington DC have surged by 36% in one week, reaching three times the 2024 average. Over the last six weeks, filings increased by 55%, exceeding levels seen during the 2008 financial crisis. This sharp rise in unemployment could have significant implications for the regional economy, potentially influencing local market dynamics and investor sentiment.

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