"Despite one of the most competitive job markets in decades, nine-in-ten workers say they have not given up on their job searches, and the amount of workers who have found work is evidence that their drive and determination are paying off," said Brent Rasmussen, President of CareerBuilder North America. "The number of laid-off workers who have found new full-time and part-time jobs rose in the last six months. Although this good news reflects a healing economy, it also shows that job seekers are exploring career options in new industries and locations."
Changes in Pay
Looking at workers who were laid off in the last 12 months and found new jobs, 61 percent reported they were able to negotiate comparable or higher pay for their new position. Thirty-nine percent of workers took a pay cut.
Transferring Skills to Other Industries and Fields
Workers reported they are applying their skills to new areas. More than half (51 percent) of workers who were laid off in the last 12 months and landed new jobs said they found work in a different field than where they were previously employed, with a third having said they really enjoy their new positions.
Relocation Workers are no longer just looking for positions in their own backyards. More than a quarter of workers (26 percent) who were laid off in the last twelve months and found jobs relocated to a new city or state, up from 20 percent in June. Of those who are still looking for employment, 37 percent reported they would consider relocating for a job opportunity, down from 44 percent in June.
Starting a Business
An increased number of job seekers have adopted an "if you can’t find a job, create one" way of thinking. Nearly three-in-ten workers (29 percent) who have not found jobs are considering starting their own business, on par with findings from the June survey.
Job Search
Laid-off workers are using every technique possible to secure new positions. If fact, 22 percent of workers who were laid off in the last 12 months and found new jobs say they found their new roles through personal referrals. Twenty-one percent found new jobs using online job boards, 11 percent through newspapers and other print classifieds, 8 percent through recruiting/staffing firms, 5 percent through career fairs and 4 percent through social media sites such as Facebook, MySpace, and LinkedIn.
Survey Methodology
This survey was conducted online within the U.S. by Harris Interactive© on behalf of CareerBuilder among 1,004 U.S. workers who were laid-off from full-time jobs in the last 12 months ages 18 and over between November 5 and November 23, 2009 (percentages for some questions are based on a subset, based on their responses to certain questions). With a pure probability sample of 1,004, one could say with a 95 percent probability that the overall results have a sampling error of +/- 3.09 percentage points. Sampling error for data from sub-samples is higher and varies.
About CareerBuilder
CareerBuilder is the global leader in human capital solutions, helping companies target and attract their most important asset - their people. Its online career site, CareerBuilder.com, is the largest in the U.S. with more than 23 million unique visitors, 1 million jobs and 31 million resumes. CareerBuilder works with the world’s top employers, providing resources for everything from employment branding and data analysis. More than 9,000 Web sites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder’s proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company, The McClatchy Company (NYSE:MNI) and Microsoft Corp. (Nasdaq: MSFT), CareerBuilder and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more information, visit 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