All articles tagged with #federal contractors
Thousands of government contractors laid off during the Trump administration are flooding a shrinking job market, with job postings down significantly in federal and consulting sectors, though demand remains strong in areas like healthcare and AI; hiring may improve if interest rates are cut.
Vivek Ramaswamy, alongside Elon Musk, will lead a government efficiency initiative under President-elect Donald Trump, aiming to cut costs by reducing what federal contractors can charge. The initiative, part of the new Department of Government Efficiency, seeks to eliminate waste and restructure federal agencies, potentially leading to significant cuts and agency deletions. Ramaswamy highlighted the exploitation of the federal government by contractors but did not specify which ones would be affected.
Entrepreneur Vivek Ramaswamy, alongside Elon Musk, will lead a government efficiency initiative under President-elect Donald Trump, aiming to significantly reduce costs charged by federal contractors due to perceived waste and exploitation.
A federal judge in Texas has blocked President Joe Biden's executive order to raise the minimum wage for federal contractors to $15 an hour, ruling that only Congress has the power to adopt such a policy. The judge's decision affects three states - Texas, Louisiana, and Mississippi - which had filed a lawsuit challenging the executive order. The judge cited the major questions doctrine and the Procurement Act as reasons for his ruling. The Biden administration has been given seven days to file an appeal.