Take This Job and ... Stay Put? Why Job-Hopping Is at a Standstill

Take This Job and ... Stay Put? Why Job-Hopping Is at a Standstill

Job-hopping is often a quick way to up your salary and title.

But even with those incentives and an improved economy, it turns out workers are lingering at their current gigs.

In July, the average employee spent 2.6 years on the job. That's down from a mid-recession high of 3.3 years, but still longer than the average of 2.4 years during the boom from January 2005 to January 2008.


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The reason these numbers are important, explains Jessica Rabean analyst at brokerage firm ConvergEx, is that they are an indicator of a bigger economic issue.

When people voluntarily quit their jobs, they tend to have stronger consumer confidence and a conviction that both their financial situation and the economy in general is in a good place, Rabe says.

If they hang on to their jobs, it suggests that they aren't so sure that everything will work out.

The good news is that there were a record 5.75 million new job openings as of July—the highest level in nearly 14 yearswhich shows that some employers, at least, are feeling better about the economy.

If you're wondering whether you should make a move, read up on these four signs you're a little too comfortable in your job.


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