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24 Jan 2024

Massive Job Shifting Is Expected In Asia

Surveys reveal high job dissatisfaction with [85% of U.S. professionals](https://www.bloomberg.com/news/articles/2024-01-17/the-majority-of-asia-s-professionals-want-a-new-job-this-year) and over three-quarters of Asia-Pacific workers planning to quit in 2024. Key factors include the pursuit of better compensation and work-life balance. While Asia sees competitive labor markets with workforce expansion, the U.S. grapples with a tougher job market and modest pay increases. Economists predict a potential uptick in hiring if interest rates decrease.