The transition of personnel between government and private sectors accelerates with new administrations. Under Trump's 2024 approach, the focus shifted towards removing thousands of federal workers considered obstacles. This strategy aimed to induce stress among staff, prompting voluntary departures. Simultaneously, efforts streamlined areas such as immigration while reducing focus on financial regulation and corporate crime. Consequently, job seekers from the public sector now find it challenging to secure private sector positions due to an oversupply of applicants and limited demand, highlighting a notable slowdown in white-collar job movement.
"Whenever a new president takes office, the revolving door between the federal government and the private sector starts to spin a little faster."
"In 2024, Trump and his allies made clear that they were going to do things differently."
"The administration has also prioritized immigration, while de-emphasizing financial regulation and corporate crime prosecution, closing some of the usual off-ramps."
"It's increasingly hard to move from public to private sector work: there's a large supply of job seekers, and comparatively low demand for their expertise and experience."
#government-transition #private-sector-jobs #federal-workers #trump-administration #job-market-trends
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