Today's Job Reality: Workers Grin and Bear It
CareerBuilder Survey Finds Workers Still Confident; Job Satisfaction Declines
RESTON, Va., March 12 /PRNewswire/ -- A new CareerBuilder survey of 2,500
U.S. workers finds that overall job satisfaction is on the decline -- from 69
percent in January 2001 to 61 percent in February 2002. However, workers
remain generally confident about job prospects in the Post-9/11 economy.
Sixty-eight percent of workers report that they can find a comparable job
within three months should they be laid off, according to
The Survey, Job
Search 2002.
"Workers remain resilient and many are still optimistic about job
prospects," said Barry Lawrence, a senior career advisor with CareerBuilder.
"However, job satisfaction has been steadily declining since 2001. Workers
are growing weary as they absorb more negative corporate news and they are
forced to take on additional responsibilities as companies downsize. Also,
many workers are settling for second choices in career opportunities."
Over half of workers state that they continue to work under a great deal
of stress. Four-in-ten workers are dissatisfied with pay. Almost one-fourth
of workers are dissatisfied with the experience that they are getting through
their jobs.
Since August 2001, prior to the terrorist attacks on September 11,
CareerBuilder has been measuring worker attitudes, including perceptions about
work, job satisfaction and the time it takes to find comparable jobs in the
event of layoffs. CareerBuilder calls this last measure the CareerBuilder Job
Rebound Index:
Can find, if laid off, a comparable job in:
August 2001 / February 2002
Less than 30 Days: 47 percent / 39 percent
Less than three months: 75 percent / 68 percent
More than 6 months: 14 percent / 17 percent
About the Job Search 2002 Survey
The CareerBuilder Job Search 2002 was conducted January 30, 2002, through
February 5, 2002. A total of 2,550 workers participated in
The Survey. To
collect data for
The Survey, CareerBuilder commissioned SurveySite to use an
e-mail methodology whereby individuals who are members of SurveySite Web Panel
were randomly selected and approached by e-mail invitation to participate in
the online survey. The results of this survey are accurate within +/- 1.9
percentage points (19 times out of 20). Using a similar methodology,
CareerBuilder has also conducted the following surveys: Job Satisfaction 2001
(January, 2001), Workers in a New Economy: A Career Portrait (August, 2001),
and Worker Resilience: Post 9/11 (October, 2001).
About CareerBuilder
CareerBuilder is the recruiting source for connecting employers with the
right talent and professionals with the right jobs. CareerBuilder attracts
the most qualified candidates by reaching the best audiences -- in print and
online, locally and nationally. In partnership with Tribune Company
(NYSE: TRB) and Knight-Ridder Inc. (NYSE: KRI), CareerBuilder provides the
most integrated print and online recruitment solutions available in major
markets throughout the United States, including CareerBuilder-branded help
wanted sections reaching more than 25 million people every Sunday. With the
Chicago Tribune, Los Angeles Times, Newsday, The Miami Herald, The San Jose
Mercury News, and The Philadelphia Inquirer, as well as many other major
metropolitan newspapers and local news and information sites throughout the
country, CareerBuilder provides more local jobs than any other recruitment
solution. For more information About CareerBuilder products and services, call
888-670-TEAM or visit CareerBuilder at http://www.careerbuilder.com .
CareerBuilder Media Contact
For all media inquiries and interview requests, contact:
Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com
