Job Seekers Report Highest Confidence in Job Market Prospects since 2008

Facts and Findings in 2012’s 2nd Quarterly Employment Confidence Survey by Glassdoor:

  • “The survey shows that of employees who reported cutbacks at their company, fewer employees (38%) reported layoffs or that their employer reported plans for layoffs in the past six months – an all-time low since our survey began in Q4 2008.”
  • 42% of unemployed individuals feel confident that they will be able to find proper job placement – double the percentage recorded in 2011’s second quarter (25%).
  • There are indications that layoffs may be slowing down.
  • Currently employed individuals seem to be fretting about their re-hire probabilities.
  • A shocking 37% of individuals seem to be worried about their ability to acquire positions other than the ones they are currently in; increasing the percent by 7% since last year’s findings.
  • Men are more worried (23%) about layoffs than women (15%).
  • “Two in five employees (40%) expect to receive a pay raise or cost-of-living increase in the next 12 months, down three percentage points from last quarter.”
  • “Employees also note that when it comes to company outlook, 45% expect it to stay the same, 10% expect is to get worse, and 45% expect their companies to improve in the next six months.”
  • To read the actual report, click here.
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