4/22: Nearly 1 in 4 Anticipate Job Loss

April 22, 2009 by  
Filed under Featured, Money, State of the Economy

Nearly 1 in 4 employed Americans — 22% — believe it’s likely they will join the ranks of the unemployed or have their hours cut this year.  Among those who are most fearful are women.  26% of women in the workforce believe there is a good chance they will be laid off while 19% of men think it’s likely they will get a pink slip this year.

©istockphoto.com/RBFried

©istockphoto.com/RBFried

Where Americans work makes a difference. Employees in the Northeast are least concerned about their future employment status.  Just 10% of those residents think it’s either very likely or likely that they will lose their job this year while 27% of those in the Midwest, 25% in the West, and 24% in the South share this concern.

Table: Are you likely to lose your job?

How Long Will It Take to Find a New Job?

Should they lose their job this year, many employed Americans think it will take some time before they will be back to work.  Only 38% of workers think they would be able to find a comparable job with similar pay within three months of losing their current job.

Not surprisingly, older co-workers nationwide are less optimistic about their job prospects than are their younger colleagues.  Only, three in ten workers 45 and older believe they would find a new position within three months compared with 45% of those younger than 45.  One-third of workers 45 and older believe it would take at least a year to find a comparable position should they lose their current job.

Table: How long will it take to find a new job?

Marist Poll Methodology

Related Links:

Unemployment Insurance

Finding a Job

Career One Stop


Monster

Indeed

Yahoo! Hot Jobs

Career Builder

Linked in

How To Find a Job During a Recession

Teaching No ‘Fallback’ Career

New York Labor Market

Comments

One Response to “4/22: Nearly 1 in 4 Anticipate Job Loss”

  1. Mr. Moyer on January 7th, 2012 4:51 pm

    Hi There Maristpoll,
    Thanks for that, While many of your peers and friends might be without a job in these challenging times, you are reading this article because you are employed. You realize, though, that feeling safely employed does not mean that you are safely employed. Many people will at least once in their lifetime lose employment involuntarily – independent of the level of hierarchy, tenure, or identification with and commitment to the company.
    Kindest Regards

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