#USJobsSlump 🏭 Causes of the Slump
Economic uncertainty: Tariff volatility and staggered trade policy—especially new or reinstated duties like the “Liberation Day” tariffs—are causing businesses to hold off on hiring .
Federal headcount cuts: Massive layoffs and hiring freezes in federal agencies (doge-led reductions and buyouts) have significantly reduced public-sector employment .
Demographic & structural pressures: Slower population growth, aging workforce, lower immigration, and subdued labor force participation are all capping job gain potential .