radio nova logo
Tune In Live
radio nova logo
Tune In Live
Radio show poster

Survey Finds Fears of Recession Occupying Many Workers Minds

By News
August 19, 2020
Est. Reading: 1 minute

Loading

Recession - shutterstock

Loading

More than 70% of people are concerned about their future employment prospects according to a survey from Virtualrecruitment.ie.

The reseach suggests that workers have a lack of confidence in the future jobs market as a result of Covid-19 and the prospect of a recession.

It surveyed 1,200 people across IT, science and engineering, finance, education, hospitality, medicine and retail.

Virtualrecruitment.ie says more than 3/4 of participants said that Covid-19 has affected their working situation

Nearly three-quarters (72%) of those surveyed cited concerns for the future of their employment. A potential recession was the main reason given, followed by Covid-19, the housing crisis and industries going through financial difficulties.

More than half of participants said they had already thought about changing job sectors this year. A lack of opportunities was cited by 45% of respondents.

Meanwhile, more than half believe the Government has done enough to support employment during the crisism while less than one-third said it should be doing more.

Around 35% of the survey respondents had done some remote work before Covid-19, but 50% were fully office-based. Since the start of the pandemic, however, 70% have pivoted to remote working.

69% of participants said they expect their working conditions to become a mix of remote and office-based work as the future unfolds. More than half (57%) also expect their employer to embrace remote working post-pandemic.

Overall, 81% said the Government should prioritise putting supports in place for remote working.

Share it with the world...

Tune in to our newsletter and never miss a beat!

Similar News

Copyright © 2025 All Rights Reserved Proudly Designed by Wikid
crosschevron-down