“Automakers have embraced digital technology.” ▸ P.16
FROM THE GREAT RESIGNATION OF 2021 TO the “quiet quitting” trend that redefined the workplace in 2022, the American labor market has had a couple of tumultuous years. But in 2023, on the verge of a potential recession that could have a profound impact on the country’s economy, American workers want to stay put—and hold on tight to their jobs.
A broad majority of Americans—64 percent—are not looking to change jobs this year, according to a recent survey carried out by Redfield & Wilton Strategies on behalf of Newsweek, reversing a steady trend that has characterized the U.S. labor market for the past couple of years.
While these workers—including employed and self-employed individuals—mentioned their current work-life balance as the main reason not to leave their current job, the growing economic uncertainty in the U.S. and the rest of the world is also playing a part in the unwillingness of American workers to take risks this year and change jobs.
The survey results raise important questions about the near-term future for U.S. workers: How bad could
