1Huddle CEO Sam Caucci on the Jobs Report on SiriusXM Radio

On Friday’s SiriusXM Business Briefing with host Janet Alvarez, I broke down the latest jobs report. The headline: just 22,000 jobs added vs. 75,000 expected, with unemployment ticking up to 4.3%. After months of modest gains, the slowdown is hard to ignore. But beyond the numbers, this report carries a bigger warning for leaders and business owners.

Much of the coverage points to “job hugging” — the idea that workers are holding on tightly to their jobs. But the real story is the opposite: workers aren’t holding on, too many bosses are holding out. Companies are cutting headcount while under-investing in skill development. They’re pulling back labor as a cost-control measure at the exact moment when adaptability, cross-skilling, and upskilling are most needed. That’s not just a mistake. That’s wasted talent.

The winners in the next 12 months won’t be the companies scrambling to find “new” talent. They’ll be the ones that double down on their existing workforce — building, developing, and unlocking the skills they already have. At 1Huddle, we see it every day: the smartest organizations are not cutting, they’re cross-skilling, ensuring workers are ready to step into multiple roles when demand shifts.

👉 Catch my full conversation with Janet Alvarez on SiriusXM’s Business Briefing to hear more about what this jobs report means for the future of work.

Published on: SiriusXM Radio “The Business Briefing” with Janet Alvarez