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4/22: Nearly 1 in 4 Anticipate Job Loss

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4/22: Nearly 1 in 4 Anticipate Job Loss

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

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