“Hiring managers, employees, and job seekers alike are all sort of holding our breath, waiting for the bottom to drop out and hoping it doesn’t happen,” one CEO says. - KnowYourValue
“The job market and talent-scarcity trend that we have seen from the past 12 to 18 months is already turning,” Morgan said.The trend saw a record level of Americans quitting their jobs in what’s known as the, as well as a record number of job openings. That translated into confidence among job seekers and employers doing whatever they could do to attract and retain workers.
Only 38 percent said they’d like to stick with their current employer. The organization polled more than 1,100 U.S. adults, predominantly professional/office workers, from June 21 to 28.found that 78 percent of employees are worried about losing their jobs if there is a recession. In addition, 87 percent of managers indicated they would likely lay off employees if there was a recession, according to the survey, which was conducted in June 2022 among more than 1,000 American workers.
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