While we continue to trudge through this economy, analysts, experts and anyone with a microphone are quick to predict the future. Things will be better in this quarter or when that happens. Hopefully anyone predicting a rosy future is right, but right now we need something concrete to judge the situation.
A recent CareerBuilder survey looked at the success rates of previously laid-off workers who have since found work. The survey found that 51 percent of workers who were laid off in the last three months have found either part-time or full-time jobs. When the previous survey was conducted in November 2009, that figure was 44 percent. Although we’d all like to see every job seeker land a job as quickly as possible, at least the figure is rising.
The pay situation was less attractive. Although nearly 40 percent of these workers were able to negotiate salaries that were higher than or equivalent to their previous income, 61 percent took a pay cut.
The survey did find some trends emerging among laid-off workers.
- 57 percent of workers who were laid off in the last six months were re-hired by the very employers how laid them off.
- Of job seekers who were laid off in the last six months and who haven’t found jobs, 71 percent would accept an offer from the employer who laid them off.
- Of workers who were laid off in the last six months and landed new jobs, 64 percent found work in a field different than where they were previously employed.
- 55 percent of these workers say they really enjoy their new positions. Good news!
- 46 percent of workers who were laid off in the previous six months and found jobs relocated.
- Of those who relocated and found work, 93 percent moved to a new city (not a new state).
- Of those workers who were laid off in the previous six months and are still looking for employment, 42 percent are willing to relocate for a job.
You can read about other trends the survey discovered here.
As I said, a bigger number of laid-off workers who found jobs would be ideal. (Or no layoffs at all, of course.) However, at least we can look at what’s happening right now for evidence that the situation has bright spots.
Tell us about your take on the results. If you’re employed or have been recently, do you think relocation is the way to go? Is transferring skills a necessity in this economy?