Dana Sumpter Breaks Down Labor Market Uncertainty in WalletHub

Pepperdine Graziadio faculty member Dana Sumpter was recently featured in WalletHub’s report on unemployment claims, offering expert insight into the shifting dynamics of today’s labor market.

Sumpter notes that the current environment is marked by significant uncertainty. “Planning related to staffing relies on some form of certainty of what to anticipate next, and we are in an environment replete with uncertainty,” she explains. From tariffs, inflation, and AI disruptions to evolving work arrangements, immigration considerations, and everyday industry turbulence, employers are navigating a wide range of unpredictable factors.

Drawing from private labor market data, Sumpter highlights that many companies are neither expanding nor reducing their workforce, creating what she describes as a holding pattern. While some may view this as stability, others anticipate a potential downturn, particularly in light of recent layoff announcements from companies such as Amazon and UPS. 

In terms of the employer-employee power dynamic, Sumpter emphasizes that continued disruptions will keep the balance shifting. Employees, she suggests, should focus on holding onto their roles or prioritizing the development of AI-resistant skills. Employers, meanwhile, must carefully consider their strategic priorities while recognizing the importance of workplace culture.

She advises employers to cultivate environments that support well-being, foster dignity, and encourage growth, noting that such efforts will be essential for attracting and retaining top talent during uncertain times.

Read more here.