Marketplace All-in-One Contractors hit hard by government shutdown
Oct 14, 2025
Federal contractors are facing tough times as the government shutdown continues, with many workers uncertain about pay. New tariffs on lumber and furniture are explained, highlighting their effects and timing. The podcast also dives into the trend of megadeals in mergers and acquisitions, where fewer but bigger deals are occurring, driven by a desire for stability and cross-border regulatory considerations. Insights from experts shed light on the motivations behind these strategic moves.
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Contractors Left Out Of Back Pay Protections
- Government shutdown pay rules protect furloughed federal employees but create gaps for others.
- Millions of government contractors lack any guaranteed back pay during the shutdown.
Melwood's Workers Face Furloughs And No Pay
- Melwood employs about 1,000 people at 70 federal sites, including many in entry-level roles.
- Jewelyn Cosgrove says some workers were furloughed and others are working without pay amid the shutdown.
Steep New Tariffs Hit Wood Products
- New tariffs impose 10% on lumber and up to 25-50% on wooden furniture, vanities, and cabinets.
- Canada, which supplies most softwood lumber to the U.S., will be especially affected by the duties.