Workers have been losing leverage in a challenging job market over the last year, but the slide could be hitting a rebound point, according to new data.
Other indicators of workers' bargaining power, like being recruited into their role, negotiating their offer and receiving a signing bonus also fell slightly in the last quarter.
But the small dips could indicate that workers' struggles are reaching a plateau, says Julia Pollak, chief economist at ZipRecruiter.
Overall, the share of workers who describe their recent job search as "poor" reached a record high of 10%.
As of mid-2024, 24% of recent hires said their new job was their dream job, a sharp fall from 42% of job-switchers who felt that way a year ago.
Persons:
Julia Pollak, Pollak, it's, switchers
Organizations:
CNBC, Federal Reserve
Locations:
ZipRecruiter .