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Rockville economic-development agency reports job losses, a 25% office vacancy and programs to aid displaced federal workers
Summary
Rockville Economic Development, Inc. told the mayor and council that regional federal restructuring has led to tens of thousands of job losses, that Rockville faces a roughly 25% office vacancy rate, and that programs such as Founders Rising, Reboot and Mobilize Montgomery are underway to help displaced workers and retain businesses.
Rockville Economic Development, Inc. (REDI) presented a midyear work-session briefing to the mayor and council on Feb. 9, reporting regional job losses tied to federal-contracting changes, local real-estate trends and programs to support business retention and workforce transition. REDI staff said the DC region has lost more than 52,000 jobs since November 2024, Maryland about 25,000 jobs and roughly 9,900 jobs across the broader area that includes Bethesda through Frederick (described in the briefing as the 'Greater Rockville' census…
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