Job lock. It’s when people want to leave a job they're unhappy with, but can’t, due to financial reasons or an unstable job market.
Maybe it’s a bad boss, or in the case of the Goldman Sachs executive Greg Smith, a simply “toxic” environment.
The reasons are many, as are the reasons why you can’t leave. Maybe you’re a baby boomer who can’t afford to retire, or someone with a pre-existing condition who needs to hang on to healthcare benefits.
With the recent “green shoots” in the economy – jobless claims and applications for unemployment aid at a four-year low, improving job numbers and a recovering stock market – are you beginning to consider leaving a miserable job?
Does Smith’s colorful exit yesterday, via an angry op-ed in the New York Times (and the many memes that followed) give you inspiration? If you’re in an unhappy job, are you considering leaving?
Chris Farrell, economics editor, Marketplace Money
Lynne Lancaster, co-founder of BridgeWorks