Part 3/8:
The situation becomes dire when taking into account that for every federal worker, there are roughly 2.6 contractors, illustrating that the total number of individuals reliant on federal funding could approach 10 million. If the government successfully decreases its workforce by about 10%, this would further correlate with layoffs in the contracting sector, thus amplifying the impact on employment numbers by an equal or greater measure. This could signal a substantial recession, the likes of which could affect millions.