Prising: Employers are cautious, tariffs are adding uncertainty to hiring plans

Labor Market Trends - The labor market has been cooling for many months [1][2] - June 2025 saw the lowest private sector employment in a long time, with government hiring, particularly at the state level, being unusually high [2] - Employers are being cautious due to tariff threats, leading to a hold on current workforce and limited growth in private sector employment [9][10] AI Impact on Employment - 58% of employees are investing in AI, but a large percentage of their employees aren't sure that they're really ready to jump into it [4] - AI, particularly GenAI, is being used for tasks related to content, communication, and coding [5] - GenAI has a visible impact on employment levels in coding, with software programmers experiencing higher unemployment [6] Hiring Outlook - Manpowergroup Employment Outlook survey expects hiring to increase 24% year-over-year in Q3 [7] - A strong hiring number would be 3,840%, while a weak number would be 10% [8] - The 24% net hiring outlook reflects a solid labor market, but tariff threats are causing employers to hold back [8][9]