About 54 percent of employed Americans plan to look for a new job once the economy rebounds, according to a new survey.
The survey, by staffing company Adecco Group North America, found that the desire for a new job is even stronger among Generation Y employees, with 71 percent of those between the ages of 18 and 29 saying they are likely to hunt for a new job when the economy turns around.
Eighteen percent of respondents said they would be willing to take a pay cut to keep their jobs. Of those willing to take a pay cut, 55 percent said they would accept a decrease of 10 percent or more. However, only 9 percent of Gen Y employees would be willing to accept a pay cut to keep their jobs.
At the other end of the spectrum, 44 percent of employees over the age of 60 who were polled said they have been forced to delay their retirement plans.
Pessimism persists about the economy, Adecco found. Despite some recent hopeful signs, 40 percent of the American workers polled believe the recession will last for another full year, and potentially into the third quarter of 2011. But despite fears of unemployment, only 22 percent of the American workers polled said they are saving money to prepare for a layoff. Thats essentially unchanged from a similar survey that Adecco conducted in January.
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