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: 2025-10-09T16:57:58+00:00
Duration: 56 s
Channel: Tom Burton
Description: Tom Burton discusses a recent decline in consumer confidence in September, attributing it to growing worries about job availability and job security. He…

9 Oct 2025 · 1 min

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Tom Burton discusses a recent decline in consumer confidence in September, attributing it to growing worries about job availability and job security. He reports personal anecdotal evidence from conversations and interviews suggesting people fear losing jobs or being unable to find comparable-paying positions; he notes instances of high-earning individuals ("$200,000 plus") being laid off and struggling to maintain their prior lifestyles.

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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, 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.