The days of quiet quitting and coffee badging are behind us, as jobs are becoming harder to come by. Remember the good old days? Like, two years ago, when you could do the bare minimum at work because companies were falling over themselves to hire and keep employees, and it was a breeze to switch jobs for a better paycheque. Well, those days are over. After some of the best labour market conditions for job seekers in recent memory, openings have now plunged by ~40% since their peak in 2022. These days, bouncing back from unemployment is tougher, and employed Canadians are changing jobs at much lower rates than before. In the second quarter of this year, the job-switching rate averaged just 0.44% of workers per month, a steep 37% drop compared to 2019, according to data from Indeed. “Given the fallback in employer hiring appetite, now is not a good time to lose a job, which could alter how some workers view their current roles,” Brendon Bernard, senior economist at Indeed.com, told Peak Money. While Canada's latest job report shows the unemployment rate hitting a two-year high at 6.4%, there's a silver lining: Wages are still growing, up over 5% compared to last year.