The tide is turning in the job market. The historic levels of job-hopping and quitting we saw during the “Great Reshuffle” have subsided as more professionals stay put in their roles for longer in a moment many are now dubbing “the Big Stay.”
LinkedIn’s own data shows the rate of people staying in roles for less than a year has sharply declined, down nearly 30% compared to last year as of this spring. And our latest hiring numbers in the U.S. show roughly one job opening for every two applicants.
