Eleven million people have been let go in the US so far this year. And the job market they’re entering isn’t easy: the latest jobs report showed the economy added just 142,000 jobs in August. But ever since the pandemic, the way we experience — and process — getting laid off has fundamentally changed. It’s no longer just a source of shame. It’s become social media content.

Today on the show, host Sarah Holder speaks with a tech worker who’s at the forefront of the hottest new job market trend: posting publicly about your layoff. And Bloomberg reporter Jo Constantz explains what the shift in how we approach layoffs means for employees and employers everywhere.

Read more: Losing Your Job Used to Be Shameful. Now It’s a Whole Identity

Further listening: 
The Sahm Rule, Explained (By Claudia Sahm)
Workers Are Getting Ghosted. Here’s Why

Eleven million people have been let go in the US so far this year. And the job market they’re entering isn’t easy: the latest jobs report showed the economy added just 142,000 jobs in August. But ever since the pandemic, the way we experience — and process — getting laid off has fundamentally changed. It’s no longer just a source of shame. It’s become social media content.
Today on the show, host Sarah Holder speaks with a tech worker who’s at the forefront of the hottest new job market trend: posting publicly about your layoff. And Bloomberg reporter Jo Constantz explains what the shift in how we approach layoffs means for employees and employers everywhere.
Read more: <a href="https://www.bloomberg.com/news/features/2024-08-23/lost-your-job-how-linkedin-ended-the-shame-of-layoffs">Losing Your Job Used to Be Shameful. Now It’s a Whole Identity</a>
Further listening: 
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2024-08-08/are-we-in-a-recession-the-sahm-rule-explained">The Sahm Rule, Explained (By Claudia Sahm)</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2024-08-01/jobs-that-don-t-exist-haunt-labor-market">Workers Are Getting Ghosted. Here’s Why</a></li>
</ul>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Everything Is Content Now. Even Your Layoff

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/817db831-fc48-4cea-ac39-b1e301164b94/transcript

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