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'1 in 3 candidates globally always searching for next job'

Press Trust of India  |  New Delhi 

More than one-third of employees across the globe are always looking for their next job opportunity, according to a global study of job seekers conducted by ManpowerGroup Solutions, part of ManpowerGroup.

One in three candidates across the globe is a Continuous Candidate (those always searching for their next job opportunity) and Mexico and the US are leading the trend at 50 per cent and 41 per cent, respectively.

One of the reasons why the prevalence of Continuous Candidates in the US far exceeds the global average can be due to the fact that alternative forms of employment emerge faster there than anywhere else.

"The popularity and visibility of the gig economy with companies like Uber, Lyft and Task-Rabbit are redefining how people work," the report said.

Moreover, layoffs and job losses experienced in the wake of the Great Recession imparted a message to young and old alike that job security is not necessarily guaranteed.

The report further noted that "lack of access to quality jobs" consistently ranked first or second as the greatest personal career challenge among candidates globally.

Individuals without access to quality jobs continuously look to how they can improve their employment situation, whether they are unemployed, under-employed or seeking greater stability.

Around 60 per cent of 'Continuous Candidates' are millennials/Gen Y (aged 18-34).

Millennials with more experience in the workforce are more likely to be habitually looking for jobs.

The report noted that the 'job-hopper' stigma often attached to millennials principally applies to the 25 to 34 year-olds and employers appear to be playing a role in creating Continuous Candidates.

"They may be unwittingly contributing to the Continuous Candidate phenomenon by not meeting candidates' expectations for advancement or promotion," it said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, August 18 2016. 17:57 IST
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