96% of workers are looking for a new job in 2023, poll says: What to know before you job hop


2023 could be the year of the new job, as 96% of workers are planning to switch to a different position this year. Monster.com's report revealed that the primary reason for this is the need for higher salaries due to inflation and rising costs. Additionally, many workers feel that there is no opportunity for growth in their current roles, or that their workplace environment is toxic. 

It is a fact that wages are not increasing in line with the rising cost of living, leaving many feeling unhappy with their salary. To improve career prospects and earnings, it is becoming increasingly popular to switch jobs. According to the Atlanta Federal Reserve, job switchers have seen a 7.7% wage growth in comparison to those who have stayed in their current role, who have only seen a 5.5% growth. The difference in wage growth between job switchers and those who stay in their current roles is at a record high.

Despite recent reports of extensive layoffs, the U.S. labor market is still strong, with a record-low unemployment rate of 3.5%. According to Barbara Safani, president of Career Solvers in New York, the first quarter of the year is a great time to look for a job as fiscal budgets have been replenished. When it comes to finding a new job, salary is not the only factor to consider. It is important to vet the opportunity and research the benefits, culture, and work-life balance. Workers can have both a higher salary and a positive, healthy work environment.

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