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Talent

Anxious workers hit with ‘perfect storm’ of job insecurity

January 28, 2025

Talent

Anxious workers hit with ‘perfect storm’ of job insecurity

January 28, 2025

Photo by Tim Gouw on Unsplash

With the wave of recent layoffs and the rate of finding a new job at its lowest point since the pandemic, it’s little wonder employees are starting the new year feeling shaky about work life.

In fact, 4 in 5 workers fear losing their jobs this year, according to a survey of 1,115 employees in the U.S. by MyPerfectResume. The survey revealed that 76% anticipate more layoffs this year, while 63% expect more business closures vs. 2024 and 90% fear a recession could be on the way.

The impact extends beyond job concerns. More than half the workforce believes burnout will worsen in 2025, driven by job insecurity (43%), increased workloads (29%) and deteriorating work-life balance (23%). It all makes for a stubborn cycle in which fear of becoming jobless leads to overwork, which, in turn, exacerbates burnout and stress.

The phenomenon has led to what’s been dubbed “The Great Stay,” a growing reluctance among the workforce to switch jobs amid widespread anxiety about layoffs, burnout and economic instability.

“We’re seeing a perfect storm for workforce instability,” said Tim Glowa, founder and CEO of HR Brain, an HR solutions platform. The decline in job security, combined with an aging workforce and a spike in competition for talent, makes for a host of challenges for employers, he explains. As the median age of workers in the U.S. reaches 42 vs. 39 in 2000 — and even higher in some sectors — companies face the dual challenge of retaining anxious employees while prepping for a demographic reset.

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Read full article here

The workforce believes burnout will worsen in 2025, driven by job insecurity, increased workloads, and deteriorating work-life balance.
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