10/22/2025

"We Are on the Precipice of an Incredibly Contracting Workforce," Says Jobs Expert

There are more Gen Xers retiring than Gen Alphas and Gen Zers to replace them

The government shutdown curtailed the release of data from the Labor Department, but the current outlook for jobs is far from rosy.

Last week, payrolls processing firm ADP reported a loss of 32,000 jobs in the private sector. Data released by investment firm Carlyle showed job growth of just 17,000 for the month, falling below the 22,000 job gain in August, as per Bureau of Labor Statistics (BLS) data. Recent college grads are struggling to find positions in a job market that is undeniably cooling — there were around 7.18 million job openings in August, according to BLS data, only the second reading under 7.2 million since the end of 2020.

But extend your job market lens a little further, and there is a bigger reckoning coming to the workplace, and a better one for the next generation of workers, according to future-of-work expert Cali Yost.

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