Hiring company ZipRecruiter recently ran a survey, and the results suggest that many of those who lost their jobs are doing just fine.
So where are all those laid-off workers going? Hiring company ZipRecruiter recently ran a survey to answer the question, and the results suggest many of those who lost their jobs are doing just fine. Of the employees who were laid off in December or January, just over half have already found other work, while another quarter said they have a job offer in hand, according to the poll of 2,000 people taken in late January.
Laid-off workers who were offered severance — 1 in 3 respondents — said the money lasted them an average of roughly 16 weeks — longer than the median length of unemployment today, which is just over nine weeks. "Layoffs and firings since the pandemic recovery have been well below the best months for job stability before the pandemic," Pollak said.
"Layoffs are bad, but how bad depends on the macroeconomic environment," Pollak said."In this very interesting labor market, some of the workers who are being laid off are being pushed into the job market at a time when conditions are still fairly favorable — and some are learning that their market value is higher than they even knew."
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