Gen Z job market turnover expected to exceed 2022 levels

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If you think the Great Resignation is over, think again. The latest snapshot of the job market by recruiting giant Robert Half shows that more Generation Z workers are likely to change jobs in 2023 than last year.

Carpenter Paul Olson works to install exterior sheet rock on the Tyler Street Stacks apartment complex construction project Tuesday, March 14, 2023, in northeast Minneapolis.The latest snapshot of the job market by recruiting giant Robert Half shows that more Generation Z workers are likely to change jobs in 2023 than last year.About 60% of 18- to 25-year-olds said they would likely change jobs in early 2023, up from 53% last year.

It also should not be a surprise, said Lola Brown, 22, a student and employee at Macalester College in St. Paul, Minnesota — and soon to be a job hunter. This spring, she plans to quit her job, move to Washington, D.C., and hopefully find work as a policy analyst. His job as a salesman paid well, but it required him to “just work, work, work, even on Sundays. It was not worth it,” Olson said. “I was so excited to be out of that job.”Sara Beth Ryther, 32, who joined Trader Joe’s Minneapolis store 19 months ago, sees co-workers and acquaintances who work for other retailers leave all the time.

“If you are young, that number jumps to 79%,” said SHRM Chief Human Resource Officer Jim Link. “Is that not incredible?”“While the layoffs are grabbing headlines in the market place and prompting worry, it’s not what is happening in greater America,” he said. With inflation, higher interest rates and soaring grocery prices, “we have economic headwinds in front of us, but the labor market is still very vigorous and very strong … and younger workers appear to be bound and determined to find as much agility as they can in their workplace,” Link said.

 

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