Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.

Private-sector employers and nonprofits are starting to lay off workers as a result of the Trump administration’s sweeping cuts and funding freezes.

Funds for small businesses, including loans and grants, will not be paused, according to the Office of Management and Budget.

President Donald Trump's sweeping blockade of federal grant payments is already having a severe impact, reported The Washington Post on Thursday — as the order is triggering a wave of layoffs at private businesses and nonprofits that depend on that money for regular operations.