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PBS News Hour - Segments

Fired federal workers struggling to land new jobs in tightening white-collar sector

PBS News Hour - Segments

PBS NewsHour

News, Daily News

41K Ratings

🗓️ 4 April 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

The latest jobs report came in stronger than anticipated, demonstrating again that the job market has been far more resilient than many expected. But some say the data doesn't reflect layoffs underway and that job opportunities are tightening in the white-collar sector. That is a big worry for federal workers being cut. Economics correspondent Paul Solman reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

Well, it's been a tough week by many measures, but the latest jobs report came in stronger

0:05.4

than expected with 228,000 new jobs in March. That is well above the average monthly gain

0:11.8

of 158,000 jobs over the last year. And while the unemployment rate increased slightly to 4.2

0:18.5

percent, that was attributed in part to more people entering the job market.

0:22.6

But some warn that the data does not get reflect layoffs underway and that job opportunities are tightening in the white-collar sector.

0:30.6

As economics correspondent Paul Solomon reports, that's a big worry for federal workers being cut.

0:36.6

Today's job news was strong, says economy. That's a big worry for federal workers being cut.

0:42.7

Today's job news was strong, says economist Gregory Daco. The labor market going into what is perhaps a massive shift in global trade dynamics was still

0:50.6

robust and supporting an economy that continues to grow at a moderate pace.

0:55.9

For his part, President Trump posted on truth social, great job numbers far better than

1:01.1

expected. It's already working. I'm just going to listen here. And indeed, jobs were added

1:06.8

in health care, transportation, and warehousing in March. But future months?

1:11.4

Tariffs, trade policy uncertainty, federal government job cuts, and immigration restrictions

1:17.2

could all weigh on the economy and push the economy towards stall speed.

1:21.2

In fact, according to job placement firm Challenger Gray in Christmas, the federal government

1:25.6

cut 216,000 jobs in March.

1:29.2

Today's report listed only 4,000.

1:31.3

A large part of that is essentially reflective of the fact that despite the very large job cut announcements,

1:38.4

many people did not necessarily fully lose their job.

1:41.8

If you have the types of job cuts that were announced figure directly into

1:47.0

the jobs report, then essentially you would be very close to zero print in terms of job growth

1:53.3

in the month of March. And that is really the key fear with these doge cuts, is that you see

...

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