Washington Plans for Life Beyond Millennials

The video discusses the impact of national economic trends on the DC economy, highlighting the influx of millennials post-recession and the role of federal jobs. It examines the limited support from contractors and defense spending, the challenges of high housing costs and homelessness, and the migration of millennials to suburbs and other cities. The video also explores the effects of sequestration on workforce diversification and the need for sustainable economic growth.

What is one reason why DC is considered a haven for jobs during a national economic downturn?

• The abundance of natural resources

• The high number of tourist attractions

• The presence of numerous tech startups

• The federal government's significant share of the workforce

How has the DC Council attempted to address the high cost of housing?

• By promoting tourism

• By investing in affordable housing initiatives

• By increasing public transportation options

• By reducing property taxes

What trend is observed among millennials in relation to housing?

• They are moving to rural areas

• They are investing in commercial properties

• They are delaying starting families and moving to suburbs

• They are increasingly buying homes in DC

What impact did sequestration have on the DC economy?

• It increased the number of federal jobs

• It caused a significant rise in tourism

• It provided a glimpse into the effects of budget cuts

• It led to a boom in tech jobs

What type of jobs have replaced federal jobs in DC, according to the transcript?

• Financial services jobs

• High-tech engineering jobs

• Retail and restaurant jobs

• Manufacturing jobs