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Why So Many Americans Feel Stuck At Work
CNBCยท 2025-09-24 16:00
The US economy has lost 1.2% million jobs since April 2024, and Americans are feeling the economic downturn. The quits rate, a measure of how often workers voluntarily leave their jobs, is now down to about 2% after fluctuating in the years since the pandemic, and employers are hiring at the slowest pace since 2013, excluding the pandemic dip and rise. I think people just want to stay with what is known and not take any risks right now.We use the term job clinging or job hugging to denote that they're stayi ...