"Job seekers are out in the cold this summer. Especially the ones who have been hunting for a while," the Wall Street Journal reports.
Not only is today's employment report uniquely bad, but revisions to the prior months show that, on average, we have seen 35k net new jobs created for the last 3 months: JAN: +111K FEB: +102K MAR: +120K APR: +158K MAY: +19K JUN: +14K JUL: +73K No way to put lipstick on this pig.
-- Ali Velshi (@velshi.com) Aug 1, 2025 at 9:25 AM
Hiring Confidence Wavers as US Employers Reassess Growth Plans for 2025 (July 25, 2025)
albanyceo.com
... As summer unfolds, many U.S. employers are taking a hard look at their hiring plans, and what they see is prompting a more cautious approach.
A new survey conducted by The Harris Poll on behalf of Express Employment Professionals reveals that while most hiring managers (78%) still feel positive about their company's hiring outlook for the remainder of 2025, that optimism has dimmed since last fall, when 84% felt confident. At the same time, concern is growing: 37% now express a negative outlook, up from 30% just months ago.
Behind these shifting sentiments lies a more restrained hiring strategy.
Only 58% of companies plan to increase their workforce in the second half of the year, a noticeable drop from 63% in the fall of 2024. One-third of employers expect to hold steady, while 7% anticipate cutting back.
For those still planning to hire, the reasons are clear: they need to manage growing workloads (52%), fill newly created roles (49%) and replace employees lost to turnover (42%).
But for others, the focus has shifted to tightening budgets.
Among companies planning to reduce staff, more than half (54%) cite cost-cutting as the primary driver, followed by adapting to government policy changes (26%) and responding to declining demand (25%). ...
Tanya Donelly - Pretty Deep (1997)
www.youtube.com
Lyrics excerpt ...
...
[Verse 1]
Do I look like a liar?
Do I look like a liar to you?
...
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