Survey Suggests U.S. Workers Will Jump Ship as Economy Strengthens

New York (Jan. 13, 2004) -- A market rebound could herald a new round of employee churn, according to a survey by professional staffing and outsourcing provider Hudson.

Despite general satisfaction with their jobs, 60 percent of U.S. workers would seriously consider changing positions if given the opportunity, according to the Hudson Employment Index. Even among those individuals who are happy with their current job, 52 percent would consider moving on if offered a new position. The index, compiled by independent research firm Rasmussen Reports LLC, is based on a December survey of 9,250 working Americans.

Workers are growing more confident about the labor market, though lingering caution remains -- 29 percent of those surveyed believe that their companies will hire in the coming months, while 17 percent expect layoffs.

“These findings suggest that Americans are willing to accept the status quo in this decidedly employer-friendly market,” according to Thomas B. Moran, president of Hudson North America, “but that a market rebound may herald a new round of employee churn.”

Survey data revealed that 28 percent of all employees are currently looking for another job, and 21 percent of those happy with their current jobs are in the market for a new position. But job seekers aren’t overly optimistic -- 86 percent of respondents say it’s somewhat or very likely that they’ll be working for the same employer in a year. And, 20 percent of workers surveyed are worried about the possibility of losing their jobs.

-- WebCPA staff

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