Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

The fear behind today’s job market #JobMarket

Name: The fear behind today’s job market #JobMarket
Uploaded: 2025-11-10T03:00:13+00:00
Duration: 56 s
Channel: Tom Burton
Description: Tom Burton discusses a recent decline in consumer confidence driven by mounting worries about job availability and employment security. He reports…

10 Nov 2025 · 1 min

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Tom Burton discusses a recent decline in consumer confidence driven by mounting worries about job availability and employment security. He reports anecdotal evidence from personal conversations and interviews, noting that recently laid-off high earners (e.g., ~$200k roles) fear difficulty finding similar-paying positions and that many prior high-paying roles may have been 'overpaid.'

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Well, what's happening with consumer confidence? So consumer confidence declined more than expected in September over mounting worries over the availability of jobs. I have had more conversations with friends, family and so forth in the last week or two about this overshadowing concern about no employment or not being able to get a job or losing a job. So, and even we're interviewing people, and I've been interviewing people a lot over the last weekend. There is a undertone of, hey, I'm either if I have a job, I'm at risk and if I don't have a job, I'm very concerned that I'm going to get a job, especially maybe at the level that I was getting paid before. And I think we've seen this even in the people that have applied for Lead Smart. You have these people that have, I think, made quarter million dollar, you know, $200,000 plus type jobs. They got laid off. Their lifestyle was built around a $200,000 plus job. And let's face it, for what I can tell, a lot of them were way overpaid.