The trend of workers quitting their jobs en masse during the “Great Resignation” has come to a halt as the labor market cools down. After a period of job shuffling and career advancement, workers are now leaving their jobs at rates similar to before the pandemic. The labor market is shifting back in favor of employers, with fewer job openings and decreased worker confidence in finding new opportunities. The optimism that fueled the Great Resignation has diminished due to economic uncertainty, and job seekers are finding it more challenging to secure new positions. While some remain hopeful about their job search, experts suggest that the dynamics of the labor market have evolved, creating a new landscape for employment.

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