""Folks that want to change jobs should line one up before quitting their current role. You don't want to quit a job to find that what you thought would be easy - getting another job - turns out to be a massive struggle.""
""This jobs market slowdown is driven in large part by rising economic and policy uncertainty, with policies against trade, immigration and wars making conditions unpredictable.""
The job market is currently frozen, with low layoff rates and employees reluctant to leave their jobs. Nicholas Bloom advises job seekers to secure new positions before quitting. Economic uncertainty, influenced by factors like the Iran war, is causing businesses to slow hiring. This situation contrasts with the Great Resignation, where many left their jobs for better opportunities. The current climate is characterized by job-hugging, as employees remain in their roles longer than before.
Read at Fortune
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