Inflation pushes some workers to new jobs — and some regrets
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.