Cornering The Job Market

Oracle just laid off up to 30,000 workers and delivered the news via a 6am email with no manager warning and immediate system access cutoff. In today's episode, Pete Newsome breaks down the details: what Oracle says the money will fund and what the handling of these cuts reveals about corporate culture at the highest levels. He also covers ADP's March employment report, which shows private sector job growth of 62,000, but the breakdown tells a more complicated story. Medium and large employer...

A major new study just mapped AI job risk across every metro area and every state in the country, and the findings are more alarming than most coverage suggests. The cities facing the largest projected losses are the innovation capitals everyone assumed were untouchable. New York, Los Angeles, San Francisco, Chicago, Dallas, and Boston each face at least $20 billion in annual income losses, with total vulnerable jobs projected at 9.3 million within the next two to five years. Host Pete Newsom...

One of the job market's longest-standing assumptions just got flipped. A new Randstad analysis of more than 150 million job postings found that skilled trades roles now take longer to fill than software developer positions, and the demand gap is accelerating. Robotics technicians, HVAC engineers, and industrial automation specialists are among the fastest-growing roles in the entire labor market, driven largely by the physical infrastructure AI requires to function. Host Pete Newsome breaks d...

Gallup just released findings that should have every employer paying close attention. For the first time on record, more American workers say they're struggling than thriving, and the reasons go deeper than job dissatisfaction. Host Pete Newsome breaks down why 30% of workers feel stuck, why engagement has hit a ten-year low, and what employers need to do before the market shifts and their people run. He also unpacks a striking finding from ADP Research: one sector (education and health servi...

New data reveals where AI is actually taking over inside corporate America, and it's happening faster than most workers realize. In this episode, host Pete Newsome breaks down a major new Gallup survey showing why accountability is the one leadership skill driving a 3x difference in employee engagement, plus findings from the CHRO Association that show 91% of top HR leaders say AI and workplace digitization are their number one concern right now. Pete also unpacks what it means for job seeke...

The job market keeps sending mixed signals, and today’s headlines highlight just how disconnected the system has become. In today's episode of Cornering the Job Market, host Pete Newsome breaks down new data from Business Roundtable, where 169 of America’s largest CEOs shared their hiring plans for the next six months. While business confidence and spending are rising, hiring is flat: roughly one-third of CEOs plan to hire, one-third plan to cut, and one-third plan to do nothing. The result ...

AI isn’t theoretical anymore... It’s profitable. A new global Snowflake survey of 3,400+ companies reveals that 92% of early AI adopters are seeing positive returns, with average ROI hitting 49%. Companies are making money. Real money. But here’s the part that should get your attention: 63% of respondents report job losses at the entry level. Operations, customer service, and data analytics teams are seeing the biggest impact. Middle management is next. At the same time, not all the news i...

The February jobs report just dropped, and the headline is rough. U.S. payrolls fell by 92,000 in February, reversing much of January’s already revised gains. Unemployment ticked up to 4.4%, long-term unemployment jumped 27% year over year, and prior months were quietly revised downward, wiping out tens of thousands of jobs we thought existed. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down what the Bureau of Labor Statistics report actually shows beneath the su...