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Private sector employers are getting ready for an influx of newly-unemployed but highly-skilled federal workers — like “talent that works in tech, in particular mathematical sciences and economics.”
That is what Recruitics CEO, Adam Stafford, shared with Mitchell Hartman on NPR’s Marketplace Morning Report earlier today. The conversation focused on the February jobs report and the impact of federal layoffs by DOGE on the job market.
The February jobs report, the first under the Trump administration, is expected to reflect various economic factors. While bad weather and California fires dampened January’s job creation, uncertainty from tariffs, inflation, and market volatility may affect February’s hiring. Dan North from Allianz Trade North America and Dean Baker from the Center for Economic and Policy Research suggest that the healthcare and state and local government sectors will likely show growth, but other sectors, including small businesses, may decline.
Small businesses employing fewer than nine workers saw a 0.99% drop last month. Conversely, large health systems and tech organizations are anticipating an influx of skilled federal workers, though there are concerns about the fate of federal clerical workers.
Listen to the full podcast (press play below) to dive deeper into Adam Stafford’s expert perspectives on the