Dave Gant
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Dave Gant
@papagant.bsky.social
210 followers 160 following 680 posts
President 804 Technology Siemens DISW Supplier Diversity – Small Business Supplier of the year 2017 & 2023 Daily Staffing, Employment and Economic trends
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Income growth slowing as well with the younger gen taking the brunt of it. It is a double whammy with AI curbing hiring of young college grads finding it harder to get jobs and now we learn, making less as well.

www.jpmorganchase.com/institute/al....
#jobs #wage
Real income growth shifts down, especially for the young
www.jpmorganchase.com
More on new terms... "No hire no fire" is a new one for me showing a stagnating job market. But that seems to be changing with more companies announcing significant layoff activity and the economy shows little sign of change and the shutdown continues.

www.cbsnews.com/news/amazon-...
#jobs #layoffs
"No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
www.cbsnews.com
With the layoff announcement from Amazon, it is worth looking at 2025. This has been a tough year for jobs and the hope is we have hit the bottom. Staffing has leveled off to some extend but we are definitely in a stagnating labor market.

www.cbsnews.com/news/layoffs...
#jobs #layoffs #economy
Layoffs across the U.S. this year are at their highest level since 2020, new data shows
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
www.cbsnews.com
This is absolutely fascinating...
US Suppliers not in a position to lower production again and Saudi still flooding the market. Plenty of oil out there and US production capacity has plenty of room to increase but they are holding to keep prices steady and the concerns over Russian sanctions are a hedge.
Largest federal workers union blasts both parties as they call for an end to the shutdown. Paints the shutdown as an "avoidable crisis" and points to the workers being forces to work without pay.

www.politico.com/live-updates...
#shutdown #jobs #union
Largest federal workers’ union calls for an immediate end to the shutdown
The American Federation of Government Employees urged Congress to immediately pass a clean continuing resolution.
www.politico.com
CPI rose in slightly in Sept but lower than expected. However, food and energy prices are leading the way including Natural Gas which IS UP over 11% this year. This likely insures a rate cut from the Fed but will do nothing to curb corp economic concerns.

www.cnbc.com/2025/10/24/c...
#CPI #Economy
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow Jones consensus estimate.
www.cnbc.com
Been coming for a while... companies are starting to catch up to reality...
Hmmmm... how much did he say he was personally spending to put that ballroom in the white house...
Some news from the federal shutdown seems more troubling then others. This one made me do a doubletake. The stories that generally trouble me are more personal stories but ones like this make me wonder what we are doing...

thehill.com/policy/energ...
#jobs #shutdown
thehill.com
US Chamber of Commerce is the latest to file suit over Administrations H-1B 100K fee stating that it overrides federal immigration law. The law has come under fire from many labor groups and heavily with the Tech sector.

www.uschamber.com/workforce/u-...
#H1B #jobs #immigration
U.S. Chamber Files Lawsuit to Support Businesses’ Use of H-1B Visas
A Growing Economy Requires More Workers, Not Fewer
www.uschamber.com
Job scams are up and with unemployment ticking up and the time to find a job getting longer, people are getting more and more susceptible to these scams. For staffing firms that recruit remotely, this exacerbates the difficulty in hiring.

www.marketplace.org/episode/2025...
#jobs #scams
This labor market is ripe for job scams
Plus, the AI factor.
www.marketplace.org
Judge halts gov layoffs calling them "contrary to the laws". 2 posts, here. The story about the ruling and an AP story about why this shutdown is different than in the past. Administrations have never used a shutdown in this targeted of a way

www.nbcnews.com/politics/pol...
#shutdown #layoffs #jobs
Judge blocks Trump's layoffs during shutdown, calling them illegal
The administration began laying off federal workers Friday.
www.nbcnews.com
In this tough job market healthcare and social services show resiliency. As most industries are tapping the breaks or in reverse, these two sectors have continued to grow, though slowly. Thank our aging population folks...

www.usatoday.com/story/money/...
#jobs #healthcare
The job market is rough, but there are some bright spots. These sectors are still hiring.
The market remains challenging for job seekers outside these industries, but there are still opportunities if you know where to look.
www.usatoday.com
More layoffs coming to the US Cybersecurity team which already has lost 1/3 of its staff. This seems particularly troubling in our current AI environment and with the US becoming more isolated globally.

www.axios.com/2025/10/14/t...
#layoffs #shutdown #cybersecurity
U.S. cyber agency faces another round of layoffs after months of cuts
The agency had already lost a third of its headcount to voluntary buyouts earlier this year.
www.axios.com
Federal Layoffs continue and will likely escalate as the days continue. The Admin reversed course on military pay agreeing to keep paychecks coming to servicemembers but other agencies are due to get hit hard with the Gov Shutdown.

www.cnbc.com/2025/10/10/t...
#jobs #shutdown
Trump says 'a lot' of federal workers are being laid off during government shutdown
The Trump administration and Republicans have sought to blame Democrats for the government shutdown, and any negative fallout from it.
www.cnbc.com
There are companies people "want" to work for because of their reputation and there are companies people will avoid. Makes hiring top talent easier or harder.
Baggage from past problems cause difficulty in hiring. While reputation has historically been a reason for taking or not taking a role, it is becoming more important. I believe that the tight hiring market exacerbates this trend.

www.hrdive.com/news/employe...
#jobs #hiring
US workers say reputation and values matter more than ever in today’s labor market
Maintaining employee trust requires honesty and consistent leadership, United Culture said in its report.
www.hrdive.com
For context, the summer spending bill has massive changes to our tax system that have to be built into the system. This will not just effect the IRS now, but next year as well. These furloughs are horrible for families and our system.

www.politico.com/live-updates...
#layoffs #shutdown #IRS
IRS furloughs nearly half its workforce, shuttering most operations
After a five-day reprieve following the initial government shutdown, employees are being notified of widespread service stoppages. But implementation of GOP tax cuts will continue.
www.politico.com