“What are my chances of really finding a new job that I like?” “Are some fields hiring more or more quickly than others?” These and many other questions are often on the minds of job hunters, and every year much research is done to try to answer these questions. Let’s take a look at some of the most interesting results of Jobvite’s 2019 Job Seeker Nation Survey. You can download the entire survey for yourself if you’d like, though you’ll have to give them your email address to get it. Here are some of the highlights most relevant to job seekers:
Jobvite’s overall findings are that while the employment picture as a whole is generally pretty good, that rosy employment picture doesn’t apply equally to all job seekers. Workers with college degrees, workers in big cities, and workers in high-skill industries are all reporting they’re finding it easier to find a job this year than last year. However, a significant number of workers in rural areas and workers without college degrees are reporting it to be much harder to find a job. The fields of real estate, transportation, and mining are among the hardest hit.
Jobvite’s report also contains some interesting information on job hopping. They report “While job satisfaction (68%) has improved among workers today (up from 61% last year), a majority still say they’re open to other opportunities.” Interestingly, they also say more than 50% of currently employed workers report having applied to another job “with no actual intention of leaving their current job.” In addition, Jobvite’s survey says that while 20% of workers in 2017 reported changing jobs every 1-3 years, that number has gone down to 16% in 2019, but 8% of workers report changing jobs every year or more. You can take a look at our article on the potential value of changing jobs every 3 or so years for more information on why that’s something you may want to consider if you’re looking to make significantly more money than you currently do.
Interestingly, Jobvite’s survey reports 29% of workers have at some point in their career left a job within the first 90 days, and that the most common reason for doing this was because their day-to-day work was not what they expected it to be. So, even if you’ve just started a new job, you are not alone if you’re not happy with it and looking to make a change.
69% of job seekers reported finding out about new jobs through online job boards, with word of mouth (37%) and social media (35%) being the second and third most popular methods of learning about new jobs, confirming the important role of online job boards in the job seeking process (Those numbers add up to more than 100%, presumably because survey respondents were able to pick more than one response to the question).
A majority of workers (60%) reported being comfortable with the idea of negotiating their starting salary at a new job, and this number is up from 51% in 2018, so this may suggest job seekers are feeling more confident in their ability to walk away from an offer if they need to and still find another job.
33% of workers reported having at least attempted to negotiate higher pay at their current job (although the survey doesn’t make it clear if this means they negotiated their initial salary when they were first hired, or if this would also include asking for a raise after having worked at the company for some time).
Of that group who report negotiating their salary at their current job, 83% say they received higher pay as a result, with increases in the 5-10% range being the most common. 24% of workers report having used a job offer from another company to negotiate higher pay at their current company, which suggests the potential value of job hunting even when you might not actually want to leave your current job.
The survey has tons of other interesting information, and if you have time, you might want to read it yourself. If you don’t have time, though, we’ll continue looking at the most interesting aspects in future blog posts.