Laid-off federal workers confront an uncertain job market
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 10 July 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
More than 200,000 federal workers have been fired, resigned, or taken early retirement since President Donald Trump’s inauguration. Now, this week, the Supreme Court ruled that Trump can proceed with additional job cuts at federal agencies. We'll unpack the sort of labor market fired federal employees face and hear how some job hunters are faring. Also, this spring's power outage in the Iberian Peninsula highlighted the vulnerability of modern payment systems.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Let's talk about something that might be keeping you up at night. Cybersecurity. According to Vantar's latest state of trust report, it's the number one concern for UK businesses. That's where Vanta comes in. Whether you're a startup, growing fast or already established, Vanta can help you get ISO-2701 certified and more without the headaches. |
| 0:22.5 | And Vanta allows your company to centralise security workflows, |
| 0:26.2 | complete questionnaires up to five times faster, |
| 0:28.5 | and proactively manage vendor risk to help your team not only get compliant, but stay compliant. |
| 0:34.3 | Stop stressing over cyber security and start focusing on growing your business. For a |
| 0:39.5 | limited time, our audience gets $1,000 off Vanta at vanta.com slash go. That's va-n-ta.com |
| 0:47.1 | slash go for $1,000 off. Because when it comes to your business, it's not just about keeping the |
| 0:52.9 | lights on. It's about keeping everything |
| 0:55.0 | secure. When the lights go out, cash comes alive. I'm David Brancaccio in Los Angeles. First, |
| 1:04.4 | we've been following the Supreme Court decision to let the Trump administration in theory |
| 1:09.3 | fire federal workers en masse by one estimate more than 200,000 federal workers have already been fired, have resigned, or taken early retirement in the early months of the Trump's Trump administration's second term. |
| 1:22.1 | However, many of those will stay on the payroll for a few more months and will soon confront an uncertain job market. |
| 1:29.2 | Marketplaces Mitchell Hartman reports. |
| 1:31.9 | Unemployment claims from laid off federal workers looking for new jobs are up nearly 60% year over year. |
| 1:38.8 | This is unprecedented and something that we've never seen from federal workers before. |
| 1:43.2 | Corey Staley has been tracking job searches by federal workers at job site indeed. |
| 1:48.5 | Applications have spiked by more than 150%. |
| 1:51.6 | Honestly, it is insane in the membrane. It's bonkers out there. |
| 1:56.2 | It's horrible applying for jobs. It's like a black pole of nothingness. |
| 2:01.9 | Nadia Ford is 28 and lives in Washington, D.C. She was working at HHS when she was laid off in February. |
| 2:08.8 | She's been looking for work in nonprofits, state and local government, and the private sector. |
| 2:13.3 | The number of times I have been ghosted by organizations after making it to the final round is just souring me on the whole process. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

