In its latest Monster Workforce Talent survey, Monster Worldwide has provided results detailing workplace frustrations and sentiments experienced by job seekers that are employed or unemployed and those seeking re-entry into the workforce. Job seekers responding to the survey are fairly confident and appear poised to explore new jobs and careers. The majority of job seekers are actively looking for new jobs. This could be driven by the frustrations employed job seekers are experiencing with their current jobs.
The majority (81 percent) of employed job seekers responding to the survey feel some level of burnout from their existing job. However, Millennials are taking the brunt of the fatigue. A majority of Millennial respondents (86%) reveal some level of burnout in their current position while a lesser majority of a more experienced workers reveal burnout in their jobs (76 percent).
Younger job seekers appear to be the most optimistic, with Millennial generation job seekers stating confidence (78 percent) in their ability to find a job compared to more experienced workers, those job seekers aged 45 and up, who feel less confident in finding a job in the next 12 months (62 percent). In addition, Millennial respondents are much more willing to relocate (83 percent) than the more experienced workforce (55 percent).
“The survey indicates that the Millennial workforce is experiencing the most burnout in their current positions. With the more experienced workforce moving on to different roles or heading into retirement, it’s probable that Millennials are expected to take on larger roles than their more experienced predecessors, and thus are feeling the pressure,” said Jeffrey Quinn, Vice President of Monster’s Global Insights. “That said, Millennials are proving to be more open minded than the more experienced workers when it comes to job locations and roles. This flexibility will be advantageous to the Millennial generation, allowing them to cast a wider net and find better success and satisfaction in their careers.”
Additional survey findings include:
• The majority of respondents feel at least moderately confident in finding a new job (68 percent), and most (72 percent) feel that it is more challenging to find a job now then it was a year ago.
• Both Millennials and more experienced workers are on the same page when it comes to feeling left behind in their jobs as 63 percent respondents agree that their career track has slowed.
• The majority of both Millennials (63 percent) and the more experienced workforce (75 percent) agree that the current economy has negatively altered their career plans.