Reported 5 days ago
As economic uncertainty grows, more workers are opting to stay in their jobs rather than switch for higher pay, with recent data indicating a significant drop in wage increases for job switchers. The gap in pay growth between those who change jobs and those who stay has narrowed, reflecting a labor market that has become less favorable for job seekers. Companies are focusing on long-term retention strategies rather than short-term salary increases, leading to an overall slowdown in job mobility.
Source: YAHOO