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Thousands of private government consultants laid off during the Trump administration’s cost-cutting crusade are increasingly flooding a shrinking labor market.
Job postings among seven of the 10 consulting companies singled out by the General Services Administration for contract cuts are down about 27% since 2023, and about 11% from a year ago, according to data scraped from job boards by labor market analytics firm Lightcast.
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Transamerica Institute finds more middle-class workers expect to fund retirement through 401(k)s and other savings, but financial pressures could derail those plans.
As salary budgets aren't expected to grow in 2027, employers are looking for new ways to attract and retain workers through smarter compensation and workforce strategies.
Despite tepid interest, small businesses — and their advisers — stand to benefit from adding pooled employer plans.
Benefit leaders will still need to play a significant role in keeping early tech jobs attractive and accessible to young professionals.
Workplace safety has reached a boiling point, but organizations have the means to keep their employees physically and psychologically secure.
