Of the workers who were laid off in the past year, 60 percent of those found new jobs, and 88 percent of these workers are in full-time positions, according to a survey by Harris Interactive.  

Fifty-six percent of respondents who are still looking for jobs are nervous about returning to the workforce after a prolonged unemployment period. The cited reasons are because of the pressure to prove themselves at 50 percent; the fear of the unknown at 40 percent; and new, unfamiliar technologies at 21 percent.

For respondents who are exploring new fields, the fear of the unknown is particularly strong, with 54 percent of respondents who have found jobs say they are now in completely different fields. For example, respondents report transitioning from careers as a financial adviser to a grade school teacher and a marketing manager to an engineer.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.