Promotions are harder to come by and it’s stunting entry-level workers

By Daniel Neligh, Jo Constantz and Ella Ceron
Published 5 Min Read

A main feature of the 2024 labor market is that fewer people are quitting their jobs. A lesser-known one is that fewer are getting promoted.

That leaves little room for new workers to break through, as the ranks of employees above them stay in place. And it makes it more difficult for young graduates to get their foot in the door.

Daniel Neligh, Jo Constantz and Ella Ceron

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