Overview
- Labor data show the U.S. quit rate hovering near 2% this year, a sustained low that signals reduced voluntary turnover.
- Korn Ferry, citing Eagle Hill’s Retention Index, reports that most employees expect to remain with their current employer over the next six months.
- Survey findings highlight an unexpected shift as Gen Z exhibits the strongest intent to stay, reversing its reputation for frequent moves.
- Experts link the trend to a cooler hiring market, AI-driven disruption, and elevated layoffs reported by Challenger, Gray & Christmas.
- Analysts warn of wage and skills stagnation and fewer openings for new entrants, while noting top performers still switch for major pay gains, dissatisfaction, or concerns about their company’s outlook.