Tag

Career Stagnation

All articles tagged with #career stagnation

business1 year ago

Economic Tensions Rise Amidst Leadership Challenges and Policy Debates

The "Great Stay" has replaced the "Great Resignation," with quit rates dropping below 2% for the first time since 2020. However, many employees feel stuck in their roles, with 65% reporting stagnation, particularly in tech, advertising, and consulting sectors. This dissatisfaction is fueled by a tougher job market, fewer opportunities, and less lucrative job switches, leading to increased employee disengagement and resentment. The situation is exacerbated by mass layoffs and hiring slowdowns, affecting both managers and entry-level workers.

economy1 year ago

Rising Resentment Fuels Potential 'Great Resignation' 2.0

Resentment is growing among American workers as many feel stuck in their current roles with limited opportunities for advancement, contrasting sharply with the dynamic job market of 2022. The tech industry, once a hotbed for talent, now exemplifies this stagnation. Meanwhile, the restaurant industry sees a rise in tipping culture, with tips comprising a larger share of workers' income, though this leaves them in a precarious financial position. Arizona's recent rejection of a measure to lower the minimum wage for tipped workers highlights ongoing debates over fair compensation.