Job seekers retain the upper hand in 2023

Despite growing economic concerns due to inflation and high interest rates, the majority of job seekers are actually feeling good about their position in the job market entering 2023. A new survey of more than 30,000 job seekers from around the country shows that there is resilience in the job market, and some lingering headaches for employers.

The Joblist 2023 United States Job Market Trends Report shows that the majority of job seekers (52%) say that they — and not employers — have the upper hand in today’s job market. Case in point: 78% of job seekers believe that they can make more money by switching jobs rather than staying put.

Unfortunately for employers, one-quarter of Joblist users quit a job in 2022, and the main reason for quitting — given by 39% of those who quit — was bad management or a toxic workplace. Although the Great Resignation has slowed in recent months, it appears far from over. The survey shows that 67% of employed job seekers are planning to quit their job in 2023. Of those planning to quit, 34% say that they would be comfortable leaving their job without a new one lined up.