Trump Tariffs Impact: 82% of Workers Worry About Salary Cuts and 60% Fear Unpaid Leave
Despite the ongoing labor shortage across industries, the recent global trade war sparked by tariffs is casting a shadow on hiring and salary increases. According to a recent survey by a job-seeking website, 82.4% of workers fear that their chances of receiving a raise this year are diminishing, while nearly 60% are concerned that their companies may impose unpaid leave. Additionally, 18.8% of workers express concern over potential job loss due to the trade war, and a staggering 94.1% worry about rising prices. On the employer side, 34.9% are considering pausing salary adjustments due to these tariffs, and 45% of firms are contemplating changes to their production and sales strategies.
