What would happen if I quit my job and go job searching?
Never do this unless you absolutely have no choice, its always easier to find a job if your currently employed.
Think about it, if you leave, you have to explain that. It may be easy, it may not be, but if you stay you can always explain that your looking for a new job because of:
- Lack of upward mobility
- Not being paid market value
- Benefits are not good
Notice in the three reasons I listed I did not talk bad about my boss or the company I am currently working for.
Short answer: Keep your job, find another one, don't bad mouth current company, work your notice period, and then start new gig.