Benefits May 15, 2001

Confidence Shaken, But Outlook Still Positive

May 15, 2001 (PLANSPONSOR.com) - While almost 72% of workers are concerned about the increasing unemployment rate, nearly half believe that they could find a job within a month if they were given their pink slips today, a recent survey found.
Reported by

More educated workers have less to worry about. The Department of Labor notes that while US unemployment stands at 4.3%, only 2.3% of college graduates aged 25 and older are unemployed.

Indicative of the trend towards shorter spells of service at the same company, the poll of 6,000 workers by recruiter CareerBuilder Network also found that 87% of respondents do not expect to remain in their present jobs until retirement.

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