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Workers' Bargaining Power Declines Amid Job Competition

6/20/2025

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Workers' Bargaining Decline
  • Post-Great Resignation, workers' bargaining power has diminished, with promotion rates decreasing from 14.5% to over 10% since mid-2022.
  • U.S. job seekers are accepting lower salaries, with average expectations dropping from $82,000 to $74,000.
  • Tatarstan faces increased job competition, averaging 6.1 CVs per vacancy, yet retail and healthcare still experience staff shortages.
  • Employers prioritize retention and internal talent development, shifting salary growth from competitive to justified.
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