They report that more workers want to change jobs, but the job market is more challenging. Some of the details include:Restlessness Among Workers : Despite a cooling job market, they cite a LinkedIn survey reveling a significant increase in professionals (85% of 1,000 polled) considering a job change compared to the previous year (67%). Decreased Leverage for Job Seekers : Job seekers are finding less favorable conditions, with companies offering smaller pay raises and less flexibility. White-Collar Job Market Slump : The availability of white-collar jobs in fields like finance, marketing, and software development has declined, with job listings falling below pre-pandemic levels. Increased Job Dissatisfaction : Many workers feel trapped due to reduced opportunities, inflation outpacing pay raises, and increased work demands.
Source: Wall Street Journal January 22, 2024 20:05 UTC