BELOW SUPERNAV drop zone ⇩

The ‘Big Stay’: More workers are staying in their current jobs

  • Job-switching has declined; more workers are staying in their current roles
  • U.S. job openings have fallen by 20% from 2022: ADP
  • Job applicant: “I've never had this much trouble finding a job”

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

maylen

https://digital-stage.newsnationnow.com/

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation) — A new workplace trend called the “Big Stay” is emerging, resulting in fewer employees quitting and fewer job openings.

Data from ADP’s Research Institute found that Americans quitting jobs is down 5% from the same time last year. U.S. job openings have fallen 20% from 2022.

However, the job market has changed, and experts say more workers are hunkering down and remaining in their current jobs for more extended periods of time.

More than 50 million people quit or resigned from their jobs in 2021 and 2022 to the so-called Great Resignation, where people left their careers or switched job journeys. Yet, some Gen Z and millenial workers are regretting the decision to leave their jobs, as they’re struggling to find new ones.

Event consultant Lori Dolan understands the challenges. She told NewsNation that although she has nearly 20 years of experience, she’s struggled to find a job for at least two years and she’s “never had this much trouble finding a job.”

“Several times, I would get all the way up to the CEO, and then be told, “Oh, we’ve decided to pull the job,” literally just we’ve decided to pull the job,” she said. “Or you were one of two candidates, and we went with the other person because they had slightly more experience, and they would actually italicize slightly.”

Dolan said she’s applied for jobs in her field of expertise as well as positions outside of it, but there’s only so much she can look for outside her field.

“Just for example, tried to apply for three separate retail jobs. All the applications were online, OK, and nothing … complete ghosts,” Dolan said.

Although she’s still hunting for a job, she’s currently doing event consulting.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Fair

la

61°F Fair Feels like 61°
Wind
0 mph W
Humidity
34%
Sunrise
Sunset

Tonight

A few passing clouds. Low 47F. Winds light and variable.
47°F A few passing clouds. Low 47F. Winds light and variable.
Wind
2 mph NNE
Precip
10%
Sunset
Moon Phase
Waning Gibbous