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Home News

1 in 4 Americans Fear Layoffs from Their Jobs This Year

A study shows how a quarter of U.S. workers are anxious about job security and want upskilling opportunities to stay competitive.

Dominic CatacorabyDominic Catacora
April 30, 2024
in News
Reading Time: 2 mins read
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1 in 4 Americans Fear Layoffs from Their Jobs This Year

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A recent study conducted by OnePoll for CSU Global unveils a troubling statistic: one in four employed Americans fear losing their job within the next year.  

According to a report published by The New York Post, the study found that 25% of respondents worry about job loss due to market instability and working in precarious sectors.  

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Additionally, 32% of those surveyed fear that their skills are not up-to-date for professional advancement, while over half feel stuck in the same job with outdated skills. 

Despite these concerns, a significant majority (90%) of workers recognize the importance of learning new skills for career growth — with 74% eager to increase their value to employers. The most sought-after skills for upskilling include leadership, management, planning, and AI comprehension. 

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The study polled 2,000 working adults, revealing the growing concerns over job security and the urgent need for upskilling opportunities within the job market. 82% of participants expressed interest in upskilling opportunities if their job offered them one in the next six months.  

The study suggests that employers and educational institutions should collaborate to provide greater access to upskilling opportunities in helping workers adapt to the changing demands of labor market. 

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Source: New York Post
Tags: Career GrowthNorth AmericaWorkforceWorkplace Wellness
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Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

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