The Wall Street Journal - The Number of Americans Wanting to Switch Jobs Hits a 10-Year High

Original Complete article from The Wall Street Journal - Jennifer Moss

The article highlights a growing sense of dissatisfaction among American workers, with many seeking new jobs amid a slowing job market. According to Gallup’s recent survey of 20,000 U.S. workers, more than half are either actively looking for a new job or keeping an eye on opportunities. This is the highest share since 2015 and reflects rising frustration among workers, despite the cooling job market. Job satisfaction has dropped significantly, with just 18% of workers reporting extreme satisfaction, down from 20% a year ago and a third less than a decade ago.

Jennifer Moss, a workplace consultant and author, points out that this dissatisfaction is partly due to rising workloads and an increasing amount of time spent in meetings or communicating with colleagues. Workers are feeling "overworked" and lacking a sense of purpose, leading to burnout and a lack of engagement. She argues that these factors are contributing to a broader sense of malaise in the workplace.

While some companies, like McKinsey and Synchrony Financial, are attempting to combat these feelings by offering employees more opportunities for project variety and cross-team work, pay raises are expected to remain modest in 2024. This combination of fewer raises, rising job responsibilities, and greater inefficiency is contributing to a feeling of being "stuck" for many workers, despite fewer leaving their jobs compared to the previous year.

Read the complete article at The Wall Street Journal - Jennifer Moss