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Source 3: Limited or Missing Market Data If the job is well-defined and the match is clear, the friction may be in the data itself.

“Employee Burnout Report: COVID-19’s Impact and 3 Strategies to Curb It.”

Job Cuts Increased for Third Consecutive Month U.S. employers cut 97,006 jobs in May, up 16% from the 83,387 job cuts recorded in April, and up 3% from the 93,816 announced for May 2025, according to a report released Thursday, June 4 , by Challenger, Gray & Christmas.

Since 2023, when this reason was first tracked, AI has been cited in 79,449 layoff announcements (3% of all layoff plans during that period).

Payroll represents 30% or more of most organizations’ total expenses, and it increases by approximately 3% annually.

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This year’s report also found 60% of organizations say that pay equity analysis is a current or planned initiative, a 3% increase year-over-year.

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Noting the regional and job function-based variation within companies, there are distinct philosophies associated with industries (as seen in Table 3).

Table 3 presents the component loadings for the 24 items on the first unrotated principal component.