Where Did All the Jobs Go?
Getting a job right now feels like applying to a black hole, and there’s a reason for that.
The Big Story
Companies are getting more done with the same teams. Instead of hiring, they’re spreading work across current employees, using tools, and moving faster with fewer people.
Data from the Federal Reserve Bank of Atlanta shows output per worker is staying strong, even without adding more people.
The Two Spins
From the Left
Companies are keeping teams lean while expecting more from workers.
Fewer new roles being added make it harder for people to get in or move up.
From the Right
Companies are focusing on efficiency after years of rapid hiring.
Adding fewer roles helps avoid layoffs and keep the economy more stable.
What This Means for Us
Fewer people are leaving their roles, so fewer jobs open up. Companies also aren’t rushing to hire because the work is still getting done.
That leaves us feeling stuck, staying put, or picking up part-time or gig work.
When roles do open, everyone shows up. More applicants, longer waits for promotions, and tougher odds of getting hired.
How They Make Money
Companies pay Randstad to build and manage candidate pipelines, not just fill open roles.
They focus on roles like warehouses, logistics, and customer support jobs that companies quickly add or cut.
Takeaway
Randstad often handles hiring behind the scenes, so you may apply for a job without realizing they’re involved.
The Number That Stuck With Me
3 million
About 3 million people are quitting their jobs each month, and that number has slowly been going down.