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Wales Online
Wales Online
Neil Shaw

Annual new jobs rush in January not happening thanks to cost of living

Concerns over job security are expected to slow down the ‘January jobs rush’ in 2023, with just 8% of us planning on looking for a new role as they start the year. According to the latest report by Totaljobs, which surveyed over 2,000 UK workers, this contrasts significantly with previous years, despite the number of job vacancies remaining high.

While under a third (31%) of workers plan on finding a new job at some point in 2023, this is drastically down from 89% reported this time two years ago.

With news of an economic recession on the horizon, Totaljobs’ research suggests that fears for job security are weighing heavily on the minds of UK workers, with one third (32%) stating that they feel greater concern for their job security than they did during the pandemic.

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