1 in 4 workers is planning to look for new opportunities once the threat of Covid-19 has subsided, according to Prudential Financial’s Pulse of the American Worker survey.
One in every four U.S. workers is planning to look for opportunities with a new employer once the threat of the Covid-19 pandemic has subsided, according to Prudential Financial’s Pulse of the American Worker survey.
The data, collected in March 2021, includes a sample of 2,000 employed adults, including a statistically significant sample of workers that are or have been working remotely during the pandemic.
Of the 26% of workers who say they are planning to leave their employers after the pandemic, 80% say they are doing so because they’re concerned about career advancement while 72% say the pandemic caused them to rethink their skill sets.
More than half of those surveyed say they have sought out new trainings and skills during the pandemic, possibly to prepare to change jobs in the next few months as the economic recovery gains speed.
In 2019, workers were quitting their jobs in record numbers, with analysts saying workers did so in order to secure the pay raises and promotions they weren’t receiving in their current roles.
Beginning in March 2020, however, the labor market shed 20.5 million jobs in the first few weeks of the pandemic. Just over a year later, there are still around 7.9 million fewer Americans counted as employed than in February 2020, while the labor force has been reduced by 3.9 million people.
