2022 Trends United States Job Market Report

2022 Trends United States Job Market Report

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1. No end in sight for the “Great Resignation.”

Three out of four full-time employees are planning to quit their job in the next 12 months. Pay is a major reason why – 79% of employed job seekers believe that they can make more money by switching jobs than staying put in the current market.

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2. Pay increases are common, but are being outpaced by inflation.

Over half of employed workers (53%) received a pay raise in 2020.  However, 58% of those who received a raise reported that their raise was 5% or less, failing to keep pace with the 6.8% inflation rate reported in November 2021.

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3. Remote work remains extremely popular

61% of all job seekers are interested in remote job opportunities for 2022.  Of workers currently working remotely at least part of the time, 45% say they would quit if their employer required full-time in-person work in 2022.

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4. Employers need to reevaluate workplace benefits post-pandemic

80% of job seekers believe that employers need to re-evaluate the benefits that they offer after the pandemic. 67% of job seekers say that benefits are more important to them now than before the pandemic, and 54% would even consider taking a lower-paying job with a better benefits package.

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5. Better days ahead?

38% of job seekers think their job prospects are better now than at the beginning of 2021, while just 18% think their prospects are worse.  This is a major improvement from the end of 2020 when just 21% of job seekers thought their job prospects improved and 38% thought they worsened over the course of the year. Looking ahead to 

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5. Better days ahead?

2022, 37% of job seekers believe that it will be easier to find a job in 2022 year than it was in 2021.

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