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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

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.ย ย 

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.ย ย 

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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fear that their skills are not up-to-date for professional advancement, while over half feel stuck in the same job with outdated skills.ย 

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

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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.ย ย 

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.ย 

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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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