Percentage of people looking for new job highest in 10 years, key survey finds

Percentage of people looking for new job highest in 10 years, key survey finds

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the current job market, highlighting increased optimism among workers but decreased satisfaction in pay, benefits, and promotion opportunities. Survey data from the Federal Reserve Bank of New York shows declining satisfaction rates. Experts suggest a shift from the 'great resignation' to the 'big stay,' where workers are open to new opportunities if they arise. As the market stabilizes post-pandemic, employees may lose some negotiating power. The video concludes with a future outlook, suggesting that falling interest rates could enhance job security.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key indicators that have shown a decrease in worker satisfaction?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the job market changed from the great resignation to the current situation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing employees' negotiating power in the job market?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are workers hoping for in response to the changes in the job market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do experts predict interest rates will have on job security?

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