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American Job Market Stagnates: 65% Feel Trapped in Current Roles

American Job Market Stagnates: 65% Feel Trapped in Current Roles

United States, Thursday, 21 November 2024.
A striking Glassdoor survey reveals widespread career stagnation, with 65% of professionals feeling stuck in their positions. The tech sector, once a beacon of opportunity, now symbolizes a broader market slowdown, with job openings down by 1.9 million and an increasing number of workers accepting pay cuts. This dramatic shift from the post-pandemic hiring boom marks a significant change in employee leverage, affecting both job satisfaction and economic mobility.