‘I Value Stability’: White-Collar Workers Cling to Current Jobs

This was supposed to be the year the white-collar job market got hot again.

Instead, job seekers are coming up empty-handed and employers are cutting at the fastest pace in years. Those with stable seats are mostly holding on tight.

Call it a new era of uncertainty. President Donald Trump’s flip-flopping tariff policy is sending shockwaves through the economy, his administration has implemented mass firings at federal agencies and giants like Meta Platforms Inc., JPMorgan Chase & Co. and Goldman Sachs are cutting positions. All the while, recession fears are dragging down financial markets.

Read more: The $5 Trillion Stock Wipeout Is Rattling America’s Big Spenders

It’s fueling a sense of pessimism ...