Job Seekers Reported a Stagnant Labor Market, With Split Hopes Over the Future
Key Takeaways
It may be a new year, but many job seekers are expecting more of the same labor market in 2025.
In an Express Employment Professionals-Harris Poll survey, most job seekers reported a mediocre labor market. Some 38% said the number of job opportunities is about the same as last year. That compares with one in three who believe there are fewer offers available now and only 29% who feel there are more opportunities.
Opinions on how easy it would be to find a job within the next six months were equally divided. More than half (51%) expressed optimism about their prospects, while another 49% expect things to get tougher.
"Navigating the job market in 2025 requires resilience and adaptability," said Bill Stoller, Express International CEO.
The survey follows data this week that showed the
labor market to be mostly stagnant
. Few employers conducted layoffs, while more workers decided not to try to switch jobs. Market watchers will be closely following the
December jobs report this Friday
, which can influence how the
Federal Reserve sets interest rates
.
Four-in-ten employed job seekers said higher pay was the main reason they were
looking for new work
, with others wanting more growth opportunities or improved work-life balance. The survey also showed that employed women were more likely than their male counterparts to seek a new job.