Low unemployment is making the job search easier for employees

Dive Brief:

  • A new TD AmeriTrade survey found that 70% of workers said jobs are easier to find now than five years ago. The report, Job Attitudes Survey, surveyed more than 1,100 American adult investors and analyzed the effects of low unemployment rates on the workplace. Low unemployment led 71% of baby boomers to feel optimistic about job outlook, while it prompted almost half of millennials to view this job market as an opportunity to find new employment.
  • Two thirds of employees across the generations said low unemployment rates should result in higher wages, and millennials were the most likely group to ask for a raise. Slightly more women than men said they received a boost to their paychecks in the last 12 months, with 53% of women and 49% of men reporting as such.
  • Survey results also showed that low unemployment affects benefits and perks, with more than 53% of workers expecting better benefits and perks. Only one in five surveyed said their employers improved their benefits in the last 12 months.

 

 

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