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January 10, 2007

Yahoo! HotJobs Says Half of U.S. Workers Are Expected to Search for a New Job in 2007

Yahoo! HotJobs recently surveyed more than 5,000 U.S. workers and found nearly half plan to search for a new job in 2007. And they say that number only represents those who will actively look. Another two-thirds of currently employed respondents said they may not actively seek out a new job, but that they would be open to one if the right opportunity came along.

Why Workers are Leaving:

  • Seventy-five percent of respondents said they did not receive the bonus or the raise they expected for their performance in 2005.
  • More than half of the people said they have to work on their days off at least once per month, and more than one-third said they do some aspect of work every single day.
  • Twenty-seven percent think they can get better salaries elsewhere.
  • Nineteen percent don't feel there is any potential for career growth in their current jobs.
  • Nineteen percent want a better benefits package.

"Job seekers have a lot of leverage these days with unemployment rates at historically low levels," said Vobejda. "However, we are increasingly hearing from people that one of the main reasons they have not actually started their job search is procrastination."

Yahoo! HotJobs says it has developed a new tool, along with Assessment.com, to help you gauge your job satisfaction and career progress. People can visit a microsite located off of the Yahoo! HotJobs home page to take an assessment quiz and access new content, advice and other tools for managing one's career. The quiz features questions like, "How do you feel about your boss?", "When you wake up in the morning how do you feel about going to work?", and "Is this where you thought you'd be three years ago?".  The tool then offers advice based on your answers about the best employment options for you and possible next steps.

"One of the biggest obstacles for job seekers considering taking the next step is fear or apathy of the job search process," said Tom Musbach, editor and career expert for Yahoo! HotJobs. "Our new assessment tool provides customized guidance and is a great place for them to easily get started. The microsite also includes assistance to job seekers on developing a resume, handling the interview process and even preventing their current employers from knowing they're looking."

Another obstacle that Yahoo! HotJobs doesn't mention is the sometimes frightening prospect of moving to a different city to take a new job. If you are one of the many who plan to switch jobs this year, don't forget to check out Moving 101 here at the Home Services Guide. From finding the best cities for families and cost of living calculations to finding a trustworthy mover and giving notice at your current job, we've got you covered. The only thing we can't help with is finding you the perfect job. For more on that, check out the Yahoo! HotJobs Web site.

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