Hedging their bets against worsening conditions, fewer workers plan to seek out new jobs.
By Garry Kranz Comments 0 | Recommend 0
Unhappy New Year: U.S. workers’ have a “glum” outlook for the 2008 economy,
according to a new survey by Hudson. More than one in five workers, or 21
percent, believe economic conditions will worsen, compared with 15 percent who
felt that way a year ago. That is influencing more people to remain at their
jobs longer, as opposed to looking for work in the coming year. About 30 percent
say it is “not at all likely” that they will pursue other job opportunities in
2008, down slightly from the 26 percent who shared that view heading into 2007.
Nearly half (46 percent) of the 2,000 U.S. full-time workers surveyed also “feel
their organizations’ leaders are expecting the economy to get worse next year,”
with only 22 percent of leaders forecasting rosier conditions.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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