Four million people looking for a new role this month

A recent survey has revealed that there are as many as four million people currently searching for a new job this month.

Figures show that 42% are either already looking or planning to find a new job in 2025.

According to the Totaljobs findings, with 59% of Brits admitting to having concerns about their finances, salaries are the primary driver for those seeking a new role, however, having a better work/life balance is also high on their list of priorities.

As many as 66% of the 3,000 UK workers surveyed said they would forgo a pay rise in favour of flexible working.

Commenting on the findings, Julius Probst, Labour Economist at Totaljobs (part of The Stepstone Group), said, ‘‘The UK labour market has returned to balance after two years of overheating in 2021 and 2022. Vacancies continue to decline, and employment growth remains sluggish.

“Worker turnover is currently low, and there are concerns that the policies introduced in the Autumn Budget may impact the hiring outlook. The Bank of England should continue its easing cycle to avoid further stifling the labour market. On the bright side, real wages of workers are growing at a healthy rate, supporting household consumption and the economy.”

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