Americans Cling to Jobs as U.S. Workforce Dynamism Fades

(Bloomberg) After 4 1/2 months of meetings, interviews and hand-holding, personnel recruiter William Rowe thought he had sealed the deal.

The senior executive of a major corporation Rowe had been courting finally agreed to take a top post at a venture capital- backed technology firm in California. Then four days after giving notice, the mid-to-late 40-year-old executive had second thoughts about leaving the security of his company and returned to his old job.

“He decided to go back to the mother ship” and not uproot his family to take a chance on joining a new firm, said Rowe, vice chairman of Pearson Partners International Inc., a search firm in Dallas.

The deepest economic slump since the Great Depression has left its mark on both job seekers and job creators, making them more wary about taking risks in a slowly recovering labor market. ................(more)

The complete piece is at: http://www.bloomberg.com/news/2012-06-07/americans-cling-to-jobs-as-u-s-workforce-dynamism-fades.html