Turbulent economy causing Brits to look for a new career

-

skills-jobMonster, the leader in successfully connecting people to job opportunities, has announced the results of a global poll revealing that more than 50 per cent of respondents are trying to switch careers because of the difficult economic climate. Of the countries surveyed, Brits are the most likely to try to want a career change, with almost two thirds (61 per cent) of respondents indicating they are trying to switch careers for this reason.

Globally, a further third (33 per cent) of total respondents reported they would ‘maybe’ switch careers due to the economy while only 14 per cent reported their career as unaffected by the economy.

“It’s certainly wise to take broad economic trends into account when planning your career, but you want to be careful not to chase trendy jobs blindly,” said Mary Ellen Slayter, Career Advice Expert for Monster. “Information about economic trends can help you keep your expectations in check, which is especially important if you’re planning to return to school on borrowed money to pursue a new career,” she added. “But you’ll still want to consider your temperament and natural talents, and how well they mesh with the day-to-day realities of the job. The best way to counteract the hype surrounding ‘hot jobs’ is careful research – and you will have to do it on your own, ideally by talking with people who actually do the job that may interest you.”

Monster asked visitors to their site the question, “Are national or global economic troubles causing you to consider a complete career change?” and received more than 3,400 responses globally. Total international findings included:

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

• Yes, I am trying to switch my career – 53%
• Maybe, if I can find a better career – 33%
• No, my career is not impacted by economic troubles – 14%

The poll results also indicate wide differences from country to country with more American respondents trying to switch careers (57 per cent), than Canadian respondents (54 per cent) and also French respondents (51 per cent). German respondents appear to be most secure in their careers, with only 22 per cent looking for a new path due to the economic climate.

The results of the current Monster Global Poll are based on votes cast by Monster visitors from 29 April, 2013 to 20 May, 2013. Only one vote per user is counted toward the final tabulation. The Monster Global poll, a product of Monster, the premier global online employment solution and flagship brand of Monster Worldwide, Inc., is a series of online polls that gauge users’ opinions on a variety of topics relating to careers, the economy and the workplace. These polls are not scientific and reflect the opinions of only those Internet users who have chosen to participate.

Latest news

Sustainable business starts with people, not HR policies

Why long-term success depends on supporting employees, not just meeting ESG targets, with practical steps for leaders to build healthier organisations.

Hiring steadies but Gulf crisis threatens recovery in UK jobs market

UK hiring shows signs of stabilising, but rising global uncertainty linked to the Gulf crisis is weighing on employer confidence and delaying recovery.

Women ‘face career setback’ risk with flexible working

Female staff using remote or reduced-hour arrangements more likely to move into lower-status roles, raising concerns about bias in career progression.

Jo Kansagra: Make work benefits work for Gen Z

Gen Z employees are entering the workforce at full steam, and yet many workplace benefits schemes are firmly stuck in the past.
- Advertisement -

Union access plans risk straining workplace relations, CIPD warns

Proposed rules on workplace access raise concerns about employer readiness and operational strain.

Petra Wilton on managers struggling with new workplace laws

“Managers are not being given the tools they need to fully understand how the rules of the workplace are changing.”

Must read

Deploy training materials and test understanding with WP-HR Manager

WP-HR Manager has launched a training module on the core HRM plugin.

Nichola Hay: The role of apprenticeships in supporting staff through cost of living challenges

"As organisations reassess their company employee benefits, companies should consider boosting learning and development provision alongside providing added financial support, to help staff navigate the wider cost of living challenges."
- Advertisement -

You might also likeRELATED
Recommended to you