Job Seekers Report Higher Confidence in Finding Next Job

English: NORFOLK (Nov. 17, 2008) Hopeful job s...

Job Fair (Photo credit: Wikipedia)

Monster.com released its mid-year Workforce Talent Survey focusing on job seeker confidence in finding a new job. The results indicate that current job seekers have an overall positive outlook with over half (53%) of those surveyed feeling confident that they could secure a new job within the next 10-12 months, while only 15% are not confident at all.

Further, the change in sentiments of Monster job seekers over the past six months is striking:

1. 34% of job seekers said they were not finding jobs for which they were qualified, improving from 47%

2. More job seekers (43%) believe there are more job openings now than a year ago, up from 38%

3. Nearly half (49%) of job seekers are struggling to find a job that matches what they want (e.g., salary, location, etc.), improving from 56%

4. Fewer job seekers (67%) agree that it is more challenging to find a job, improving from 77%

5. 47% are discouraged from the lack of contact from employers, improving from 57%

6. 51% feel their skills and abilities are understood by employers; down slightly from 53%

This positive employment outlook is supported by the fact that employed job seekers are motivated to seek jobs that may require them to relocate. Nearly three quarters (72%) of respondents would be willing to relocate for the right position.

“This trend in optimism among job seekers may be indicative of an improving economy,” said Jeffrey Quinn, Vice President of Monster’s Global Insights. “These findings are consistent with the Bureau of Labor Statistics published this summer. In the Bureau’s reports, we saw unemployment decrease steadily in June, July and August. As demand for employees increases so will job seeker confidence.”

Despite being increasingly confident, the survey suggests that job seekers still have some reservations. A majority of respondents (77%) believe that the market is saturated with qualified people in their specialty, which has increased slightly when compared to the 73% of respondents who shared this sentiment six months ago, while the percentage of seekers who agree that employers are willing to provide the necessary time and training needed to support a position reduced from 42% to 35%.

From: Monster.com

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