Morning Brew Daily Paramount Nears $150M Deal for "The Free Press” & Sora Takes Over the Internet
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Oct 6, 2025 A major acquisition is in the works as Paramount eyes Barry Weiss's 'Free Press' for $150 million, potentially stirring up cultural debates at CBS News. The hosts dive into the impact of a government shutdown on job data, exploring alternative indicators painting a grim labor market picture. Meanwhile, the launch of Sora's AI-generated content raises eyebrows with concerns over deepfakes and copyright issues. They also tackle restaurant trends towards smaller portions, connecting it to GLP-1 drug usage and changing consumer habits.
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Shutdown Creates Jobs Data Blackout
- The government shutdown delayed the BLS jobs report, creating a damaging information gap for businesses and investors.
- Third-party data like ADP and Indeed help, but can't fully replace the comprehensive government release.
Labor Market Slowing Toward Replacement Level
- The labor market is slowing toward replacement-level hiring, near ~50k monthly jobs instead of last year's ~130k baseline.
- Workers are staying in roles for security, reducing churn and new-hire activity across multiple countries.
Rising Long-Term Unemployment And Low Churn
- Long-term unemployment has risen to 26% of the unemployed, the highest in over three years.
- LinkedIn shows new-employer additions are about 20% below pre-pandemic rates, signaling low job churn.