Despite an extremely low unemployment rate in first half of 2022, job seekers are bracing for conditions to worsen in light of growing concerns about inflation, gas prices, and a potential recession, according to a new survey by job search platform Joblist.
The survey showed 80% of those seeking jobs expect the US to enter a recession in the next year and 49% anticipate that the job market will get worse over the next six months. As a result, 60% of job seekers feel more urgency to find a job now before market conditions change.
Notably, one in four (26%) who quit their previous job during the Great Resignation now say they regret the decision, and 42% say their new job has not lived up to their expectations.
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Source:: Computerworld