General
the big stay
What does the big stay mean?
A labor-market trend, following the Great Resignation, in which quit rates fall and employees remain in their current roles for longer amid economic uncertainty.
"After the layoffs started, the Great Resignation flipped into the Big Stay overnight."
Origin
Coined in workplace and economic commentary around 2023 as the sequel to the Great Resignation.
Frequently asked questions
What is the Big Stay?
A labor-market trend after the Great Resignation where quit rates drop and workers stay put in their jobs amid economic uncertainty.
Why did the Big Stay happen?
Layoffs and a cooling job market made employees more cautious, so they hunkered down rather than risk switching roles.
Study it as flashcards or scroll it in Vocabulary Flow — saved to your collection.