Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

The real reason companies are pausing new hires #JobGrowth

Name: The real reason companies are pausing new hires #JobGrowth
Uploaded: 2025-08-28T16:44:59+00:00
Duration: 54 s
Channel: Tom Burton
Description: Tom Burton explains that while there has not been a large amount of job loss, there has been a noticeable slowdown in job growth—companies are hiring…

28 Aug 2025 · 1 min

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Tom Burton explains that while there has not been a large amount of job loss, there has been a noticeable slowdown in job growth—companies are hiring more deliberately. He attributes hiring pauses to economic uncertainties (e.g., tariffs) and the potential impact of AI reducing future staffing needs, causing firms to hold or slow hiring.

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Well, he also brought up two points, right. He talked about job reduction and job growth. Right. So job reduction would be layoffs and people losing their job. Yeah, job growth would be hiring. I think what his point is is we haven't seen tremendous amount of job loss, but we've seen a reduction in job growth, which is what you would have seen in the, in the piece. I do think there is a bit of a lot of companies and just even, you know, my friends and people I know that run companies are saying, hey, I'm holding or I'm going very slow or holding on hiring for a couple of reasons. One, I don't know some of the tariff ramifications and things along those lines. But secondly is, you know, I'm going to see if this AI thing, right, kind of plays out and do we really need to hire as many people. So I think there's a lot of maybe a slow and a much more deliberate approach to job growth, which is what you're seeing there as well.