Report: Great Resignation Shows Signs of Slowing This Year

According to the Job Search Outlook Survey from Employment BOOST, a full-service resume writing, corporate outplacement, and career services company in Troy, “The Great Resignation” is showing signs of slowing in 2022, with 84 percent of respondents indicating they do not anticipate a job change this year.
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Businessman with resign letter for quit a job, Selected focus.
According to the the Job Search Outlook Survey from Employment BOOST in Troy, 84 percent of respondents claimed they do not plan to change jobs in 2022. // Stock Photo

According to the Job Search Outlook Survey from Employment BOOST, a full-service resume writing, corporate outplacement, and career services company in Troy, “The Great Resignation” is showing signs of slowing in 2022, with 84 percent of respondents indicating they do not anticipate a job change this year.

“The last two years offered an abundance of employment opportunities, and many workers leveraged this by transitioning into roles with the benefits and flexibility to fit their lifestyle,” says Gina Curtis, executive career coach and team lead at Employment BOOST.

“Our survey indicates a dramatic shift in this mindset as most respondents indicate they do not anticipate changing jobs in 2022. As a result, we expect to see a leveling off of resignations in 2022 and a slowing down of the Great Resignation trend.”

Another key finding from the survey is that 88 percent of respondents are not worried about losing their job in 2022. Of this percentage, women are slightly more confident in they won’t lose their jobs (54.7 percent) as opposed to men (45.3 percent). Less than half (41 percent) said money would be the primary reason to change jobs.

The trend of confidence could be potentially worrying, according to Employment BOOST. The fear being those not concerned about losing their job in 2022 may be caught off guard by the corporate volatility and employment turmoil the market may face this year.

“Workers are clearly not worried about losing their jobs in 2022,” says Curtis. “A sense of psychological safety was created over the last 24 months as workers easily found new jobs and heard wide reports of staffing shortages.

“This year, however, may look a bit different as corporations deal with interest rate hikes and slowing sales across many industries. Whether workers continue to maintain the upper hand remains to be seen.”

The Employment BOOST Job Search Outlook Survey was conducted in December 2021 amongst approximately 500 U.S. workers aged 18 to 65, with increased weight on individuals in prime working years. Respondents represent all 50 U.S. states, focusing on major metros in each state.

To access the full report on the Employment BOOST website, click here.

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