Weniger Kanadier wechseln den Arbeitsplatz – und Ökonomen sagen, dass dies die berufliche Mobilität beeinträchtigt: Da weniger Kanadier den Arbeitsplatz wechseln, verstopfen die Karriereleitern, was die Chancen für Berufseinsteiger auf einem schwächeren Arbeitsmarkt einschränkt.
https://ca.finance.yahoo.com/news/fewer-canadians-are-switching-jobs–and-economists-say-its-hurting-career-mobility-120000381.html
46 Kommentare
**In Brief:**
* The pace of job changes has slowed in recent years, resulting in fewer people entering new roles.
* **Economists attribute the recent decline to a drop in job vacancies, worsening housing affordability, and a more cautious workforce, following years of economic shocks. For job seekers, opportunities aren’t as plentiful, says Brendon Bernard, senior economist at Indeed.**
* The job-change rate, which spiked in 2022 when vacancies were “through the roof,” has declined as vacancies decreased. Job-hopping is substantially lower than it was at pre-pandemic levels, he says.
* When the labour market is functioning well, workers — particularly those early in their careers — are finding better jobs and creating opportunities for new entrants to fill the gap.
* “When people stop changing jobs, a sort of traffic jam develops,” Bernard said. “If there are fewer opportunities for those to move up the ladder, it might mean fewer entry-level opportunities for those looking to just get in the workforce.” For a job market that’s showing signs of weakness for youth, it’s concerning, he adds.
* **Colin Mang, an assistant professor of economics at McMaster University, notes that the Canadian housing market also influences job mobility.** “If you want people to be willing to take greater risks and to change jobs and to find something where they might be more productive and earn more money, you have to make it easy for them to move from one place to another,” he said. “Without that piece, it’s going to be harder to convince more people to go on the job market and to look.”
Why is it always the workers‘ fault?
There’s nothing to switch to!
Maybe I’m dumb, but shouldn’t the real headline be something about fewer job vacancies? Where are we supposed to change jobs to?
Can’t change careers if they don’t exist
Duh. The country is so sclerotic in every way. Who would have thought that having to spend all your money on a roof over your head would be damaging economically?
It’s not even just that there aren’t jobs to switch to. There is so much economic uncertainty that no one wants to be a newish hire in case there are layoffs. I wouldn’t want to be the last guy in the door anywhere right now.
The overall job hunting/applicant search process – anything online – is severely broken and if new graduates can’t get through the spam AI crap to get interviews and the companies can’t get through the spam AI crap to find candidates then its not going to help those already in the workforce.
What’s ironic about this is I grew up being taught that general consensus was to stay at your job until retirement age lol. Oh my, have the times changed
probably because looking for a jobs sucks. no we don’t take paper, heres a card with a QR code on it that takes you to our website. once your there you can spend 30 minutes of your time retyping your entire resume into our web form. then never get a phone call lol.
Not to worry, AI layoffs will (as intended) thin out the labour market.
When I find a job I’m content with, I plan to stay there for a while. I am aware the „smart“ thing to do is to jump ship and hop around, so why, some may ask?
Interviews just plain suck. I know some people who are amazing interviewers and I envy them so much, because damn it’s a slog
So staying in a stable job you may enjoy is a bad thing?
Getting real tired of people with money and power blaming people like me who has neither.
Older workers who have been laid off (45+), also can’t get hired.
What’s cloging things up again ?
I would love to change jobs, but I would also like to continue paying my mortgage. The minimal wage increase isn’t worth the risk at this time considering how hard parts of this country have become to live in.
You know what really limits entry level positions? A lot of places require 5 years experience for entry level positions.
Most people with jobs believe that their present job is the last one they’re going to be able to get and they’re hanging on For dear life And they’re probably right
Last time I “switched jobs” (ie the company died from a bad CEO), it took me 8 months to find a new one. Some of the juniors from that job still, 2 years later, haven’t found anything. Are there even jobs to be had in Canada?
A lack of jobs to move to means employers can give lower pay raises which hits affordability. Everytime I changed jobs, on purpose or through layoffs, I always got a higher salary than before.
Can you believe how much contempt they have for regular people
Do I want to change jobs? Absolutely but then it’s back to the bottom of the totem pole and then you have to hope you can negotiate a package that’s better than your current offering for items other than salary.
Then there’s also the threat of layoffs nowadays, if I switch jobs and get laid off during my probation period I ain’t getting a severance package whereas in my current employer at least I’d get one for the near decade I’ve been there.
But corporates like it
Job market sucks. Why risk getting laid off somewhere else with less tenure?
The rungs are falling off the ladder
By design
lack of opportunity is the reason. also the amount of money ppl have to make to be able to pay mortgage in this country means ppl are less willing to risk movement. my friend couple makes 200k between the two of them. half of their income goes to mortgages and property taxes and strata fee of a 2br condo in burnaby. not point grey not kerrisdale not west vancouver but effing Burnaby.
seriously most of this country’s economic problem would be fixed if the housing crashes.
Millennials destroying economy bc they have no honour or loyalty … wait one sec ..
New young people destroying the economy because uh too much honor and loyalty . More bullshit at 6 John
The job market is trash right now. The only reason the job numbers show any growth are because people are getting part time jobs.
It’s not a good time to be changing roles, so people are staying where they’re safe.
Fewer job vacancies and with a lot of layoffs happening the last in is usually the first to go so it makes more sense to stay put.
I applied for a position at my company that I was hoping to move up in the department. Got told I was a perfect fit, but because of all of the applications from outside having „more experience“ they choose others to interview for the job. Based on the person they hired the only difference was they were just older than me. I don’t think they wanted a 25 year old manager at the company.
I have been trying to switch jobs cause i dont like my current place and im looking for higher pay too and it’s been a shit show. Hardly ever hear back. My friends who are unemployed are just fucked. They cant find anything-even minimum wage is out of reach
There are no jobs to switch to. It’s AI, offshoring (looking at you, telcos) and foreign workers.
This indicates poor labour market prospects, and it ebbs and flows with macroeconomic performance. During COVID post stimulus when there was more inflation/cash than goods/services, we had an acute labour shortage and many people switched and pivoted jobs and careers (very natural and predictable aspect of the Phillips Curve). During credit tightening phases that restricts spending and controls inflation, there is a negative impact on unemployment.
It appears as though we are at the bottom end of this rate cut / credit easing cycle – there may be one more in the tank, but for all intents and purposes policy rates will likely be higher than they are now. So we are really in a period of slow growth IMO. Those with solid jobs and careers will hang onto them for dear life in the medium term.
The wild card is trade. If the US/Canada come to terms with a solid trade agreement at the bottom end of the rate cutting cycle that may spur on a bit of a boom before rate hikes temper spending again.
Well when there are far fewer job postings it is absolutely normal that people no longer switch jobs as often as before…
If someone likes their job or feels secure there they shouldnt have to switch if they dont want to
Many of us are switching from ‚having job‘ to ’not having job‘ hope that helps with the ladders
With our stupid paid vacation system, why would you want to switch jobs if you managed to get another week or two added and go back to fucking 2.
It used to be the norm to work with one company till retirement but
Moving tons of entry level jobs to India is also hurting career ladders in IT. It’s going to hard to find experienced IT people in North America in 10 years from now
I’d like to change, but there is so much uncertainty at the moment. I feel if I move I may get burned if the economy gets any worse (which with the current geopolitical climate seems likely).
Ya 11 years of liberals will ruin an economy
Switch to what? Loblaw’s to Walmart?
Generation X: your first time dealing with this?
People are scared to lose security when the economy is trash and we keep hearing about more layoffs.
Job market has been trash for 8 years I’ve been in Vancouver.
And as you can see from alot of the comments Canadians tend to be risk averse