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Quarter of U.S. Workers Want Change by 2023, Keeping Churn Alive

A New Residential Property Ahead Of Housing Starts Figures
Photographer: George Frey/Bloomberg

A quarter of U.S. workers are considering a job change or retirement in the next 12 to 18 months, pointing to further churn in the labor market, according to a survey by Principal Financial Group Inc.

The share rises to 34% when accounting for respondents on the fence in their current roles, the survey showed. Employers shared the sentiment, with 81% concerned about strong competition for candidates.