EPISODE · Feb 5, 2025 · 19 MIN
Oh Sh*t... NO JOBS Are Hiring
from Eurodollar University · host Jeff Snider
No one is hiring yet no one is firing. The latter doesn't mean employers aren't getting rid of workers, because they are. Lots of them. A hiring freeze is only the first part of cost-cutting in a weak economy. From consumer surveys to govt jobs estimates, the labor market is on everyone's mind right now, employers and employees. Eurodollar University's Money & Macro AnalysisNissan offers buyouts as US production scales backhttps://www.automotivedive.com/news/nissan-buyouts-workforce-production-reduction-2025-tennessee-mississippi/738816/NBC News Bridgestone closes a tire plant in Tennessee with 700 layoffs and other reductionshttps://www.nbcnews.com/news/us-news/bridgestone-announces-tire-plant-closure-tennessee-700-layoffs-reducti-rcna189277Bloomberg STMicro Eyes Workforce Cuts of Up to 3,000 in Chip Slumphttps://www.bloomberg.com/news/articles/2025-01-31/stmicro-eyes-workforce-cuts-of-up-to-6-as-chip-slump-drags-onUS Consumer Confidence Retreated in Januaryhttps://www.conference-board.org/topics/consumer-confidence/press/CCI-Jan-2025https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
What this episode covers
No one is hiring yet no one is firing. The latter doesn't mean employers aren't getting rid of workers, because they are. Lots of them. A hiring freeze is only the first part of cost-cutting in a weak economy. From consumer surveys to govt jobs estimates, the labor market is on everyone's mind right now, employers and employees. Eurodollar University's Money & Macro AnalysisNissan offers buyouts as US production scales backhttps://www.automotivedive.com/news/nissan-buyouts-workforce-production-reduction-2025-tennessee-mississippi/738816/NBC News Bridgestone closes a tire plant in Tennessee with 700 layoffs and other reductionshttps://www.nbcnews.com/news/us-news/bridgestone-announces-tire-plant-closure-tennessee-700-layoffs-reducti-rcna189277Bloomberg STMicro Eyes Workforce Cuts of Up to 3,000 in Chip Slumphttps://www.bloomberg.com/news/articles/2025-01-31/stmicro-eyes-workforce-cuts-of-up-to-6-as-chip-slump-drags-onUS Consumer Confidence Retreated in Januaryhttps://www.conference-board.org/topics/consumer-confidence/press/CCI-Jan-2025https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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Oh Sh*t... NO JOBS Are Hiring
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