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85% of employees fear they may lose their jobs this yr, survey says


January 08, 2024

A majority of employees, 85%, are nervous they may lose their jobs this yr, based on a report by MyPerfectResume. Whereas 50% mentioned they’re a bit nervous about dropping their jobs, 35% reported they’re positively nervous. 

The highest motive fueling job-loss fears this yr is the expansion of synthetic intelligence, cited by 78% of employees. As well as, 62% of respondents count on the labor market to be extra demanding than in earlier years.

“The 2024 office panorama guarantees a dynamic mix of challenges and alternatives,” Kellie Hanna, profession skilled at MyPerfectResume, mentioned in a press assertion. “To succeed, employees and employers alike should acknowledge that adaptability is the secret whereas putting a steadiness between addressing challenges and seizing alternatives will decide the winners. Navigating this complicated terrain will demand extra than simply resilience; it should require a excessive diploma of professionalism and a strategic imaginative and prescient.”

The report additionally discovered that 69% of employees consider competitors for jobs will enhance this yr, whereas 45% predict a discount in distant job openings. Nevertheless, 67% of employees consider the gig economic system will proceed to increase in 2024, and 87% mentioned extra corporations would introduce return-to-office insurance policies than in 2023.

Extra employees, 72%, consider there can be the next demand for specialists this yr, based on the report. As well as, 61% count on recruitment processes to take longer, and 69% agree or strongly agree that extra individuals will give up in the event that they don’t think about their salaries rewarding.

The survey included responses from 1,867 US employees and was performed between Oct. 18 and 19, 2023.

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