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‘Job Hugging’ Overtakes Job Hopping as Workers Stick With Roles in a Softer Labor Market

Falling quit rates signal caution during a year of layoffs plus tepid hiring.

Overview

  • Korn Ferry reports a nationwide shift toward workers holding their current jobs as uncertainty and AI disruption dampen mobility.
  • Bank of America Institute finds the estimated job‑hopping rate has eased from a 26% peak in 2022, with only a slight early‑2025 uptick.
  • Challenger tallies more than 800,000 announced U.S. job cuts through July 2025, while BLS reports just 73,000 jobs added in July and consumer surveys show elevated fears of rising unemployment.
  • Eagle Hill’s July retention index shows most employees plan to stay at least six months, with Gen Z and men ranking among the most likely to remain.
  • The Labor Department says the quit rate hovers near 2%, and experts warn apparent retention can mask disengagement, urging investment in development, mentorship, flexibility, and clear direction.