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PODCAST

Cornering The Job Market

The job market is changing faster than most people realize. Headlines are noisy, data is often misunderstood, and bad advice spreads quickly. Cornering the Job Market cuts through the confusion with clear, data-backed insights on what is actually happening in hiring, work, careers, and the labor market now, and in the future.Hosted by Pete Newsome, founder of one of America"s top staffing and recruiting firms, this podcast breaks down the labor market from both sides of the table. Job seekers learn

business careers

All Episodes

9:19

Breaking Job News: For the First Time Ever, AI Is the...

Cornering The Job Market ·

2026/04/02

AI just became the number one stated reason US employers are cutting jobs, and the speed of that shift is what makes this moment worth paying attention to. In today's episode, host Pete Newsome breaks down the Challenger Gray and Christmas March report, what the acceleration from 5% to 25% in just months actually signals, and why the real number of AI-driven cuts is almost certainly higher than what's being reported. He also covers a new Brookings Institution study that asks a question most A...

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7:37

Breaking Jobs News: Oracle Fires 30,000 by Email &...

Cornering The Job Market ·

2026/04/01

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...

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7:24

Breaking Job News: Worst Hiring Rate Since COVID -...

Cornering The Job Market ·

2026/03/31

The February JOLTS report just dropped, and the headline number demands attention. Hires fell to 4.8 million, down nearly 500,000 in a single month, pushing the hires rate to 3.1%, the lowest reading since April 2020. In today's episode, host Pete Newsome breaks down what's driving the disconnect between 6.9 million job openings and only 4.8 million actual hires, which sectors took the hardest hits, and what the data means for job seekers who are already feeling the freeze. He also cove...

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8:15

Breaking Job News: AI Could Eliminate 9.3 Million...

Cornering The Job Market ·

2026/03/30

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...

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7:50

Goldman Sachs Forecasts 10K Job Losses Per Month,...

Cornering The Job Market ·

2026/03/27

Goldman Sachs is projecting that rising oil prices could shave roughly 10,000 jobs a month from US payroll growth through the end of 2026, with unemployment expected to climb to 4.6% by Q3. Host Pete Newsome breaks down the sectors most at risk, why the energy industry won't offset those losses the way it historically has, and what this forecast means for a labor market already moving in the wrong direction. He also covers a meaningful proposed rule change from the Department of Labor that wo...

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9:29

Trades Now Harder to Fill Than Tech Jobs, Retirees...

Cornering The Job Market ·

2026/03/26

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...

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10:10

Breaking Job News: Epic Games Cuts 1K Jobs, Only 1 in...

Cornering The Job Market ·

2026/03/25

Today's headlines cover three stories that together paint a clear picture of exactly where the workforce stands right now. Host Pete Newsome starts with a new ADP Research report, the largest of its kind, surveying more than 39,000 workers across 36 countries. Only 22% strongly believe their job is safe from elimination. Despite near-historic low unemployment worldwide, the workforce is operating from a place of genuine fear. Pete breaks down who feels it most, what the gender and seniority g...

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10:58

Breaking Job News: Workers Are Struggling Like Never...

Cornering The Job Market ·

2026/03/24

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...

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9:15

Breaking Job News: Young Americans Are Abandoning...

Cornering The Job Market ·

2026/03/23

Today's headlines all tell the same story from different angles: AI is reshaping the workforce faster than most people are prepared for, and the workers feeling it first are the ones just getting started. Host Pete Newsome breaks down new data showing a measurable employment decline for workers aged 22 to 25 in AI-exposed roles, why vocational enrollment is surging, and what it means that nearly half of Americans under 34 are reconsidering their career path entirely because of AI. He also cov...

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11:52

Breaking Job News: Goldman Sachs Surprise Cuts & Why...

Cornering The Job Market ·

2026/03/20

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...

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10:55

Breaking Job News: Stanford Economists Warn the...

Cornering The Job Market ·

2026/03/13

AI is already changing how careers begin, and the data is starting to prove it. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down new research from a panel of economists at Stanford University showing that hiring for entry-level professional roles is declining in areas with heavy AI exposure. Software developer hiring for workers ages 22–26 is already down 20%, and call center hiring has dropped 15%. According to economist Erik Brynjolfsson, many industries are sh...

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13:45

Breaking Job News: CEOs Aren’t Hiring, Another AI...

Cornering The Job Market ·

2026/03/12

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 ...

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8:39

Breaking Job News: BlackRock Bets $100M on Trades...

Cornering The Job Market ·

2026/03/11

A $100 million bet on the skilled trades. A global automaker cutting 50,000 jobs. And new hiring data that suggests employers may be more optimistic than the headlines imply. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down three major stories shaping the future of work. First, BlackRock announced a $100 million initiative called Future Builders, aimed at expanding training for electricians, HVAC technicians, plumbers, and ironworkers. The investment reflects a ...

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9:49

Breaking Job News: The Jobs AI Is Killing… And the...

Cornering The Job Market ·

2026/03/10

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...

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13:31

Today's Job Market Data Is Bad. Here's How Bad.

Cornering The Job Market ·

2026/03/09

Corporate layoffs are rising at the fastest pace since the Great Recession, and at the same time, Washington is quietly hiring back federal workers after cutting more than 387,000 jobs. In today’s Breaking Job News, host Pete Newsome breaks down the Conference Board’s latest Employment Trends Index, where six of eight indicators turned negative, and workers say jobs are now as hard to get as they were in early 2021. Pete also examines a Washington Post investigation into the federal workfor...

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9:31

Breaking Job News: BLS Reports 92,000 Jobs Lost,...

Cornering The Job Market ·

2026/03/06

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...

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8:28

Breaking Job News: Hiring Slows Nationwide as...

Cornering The Job Market ·

2026/03/05

Layoffs are down, but hiring is falling even faster. In today’s Cornering the Job Market, host Pete Newsome breaks down a wave of new labor market data that reveals a troubling pattern: companies aren’t cutting aggressively anymore, but they’re not adding jobs either. We start with the February Challenger Job Cut Report, which shows layoffs dropped sharply month over month. Sounds like good news... until you see hiring plans are down more than 50% from last year. The result? Workers are keep...

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9:33

Breaking Job News: The February Jobs Report Looks...

Cornering The Job Market ·

2026/03/04

A new employment report suggests the job market is improving, but the details tell a very different story. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down the latest private payroll data from ADP, which shows the strongest hiring month in seven months. Private employers added 63,000 jobs in February, a headline that sounds encouraging at first glance. A closer look reveals that nearly all of that growth came from just two sectors: healthcare and construction. H...

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13:02

Breaking Job News: If AI Takes Your Job, the Fed...

Cornering The Job Market ·

2026/03/03

If AI replaces your job, can the Federal Reserve help? According to a new Reuters report, the answer may be no. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down why Fed officials are openly questioning whether traditional tools like interest rate cuts will work in an AI-driven displacement cycle and why that admission matters more than most people realize. Pete starts with Block’s decision to cut roughly 40% of its workforce, about 10,000 roles, as CEO Jack Dorse...

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11:25

Breaking Job News: Block Cuts 40% of Staff as Gig...

Cornering The Job Market ·

2026/02/28

One company just cut 40% of its workforce... and Wall Street rewarded it. In today’s episode of Cornering the Job Market, host Pete Newsome breaks down Block’s decision to eliminate more than 4,000 roles despite strong revenue and profit growth. CEO Jack Dorsey made it clear: AI has made teams productive enough to operate with far fewer people. Investors responded by sending Block’s stock up 25% overnight, signaling a powerful incentive for other CEOs watching closely. Pete explains why thi...

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212 results

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