According to Fidelity’s annual Financial Resolutions Study, issued in late 2021, 39 percent of working respondents of all ages plan to change jobs in 2022.
“Signs of the Great Resignation are undoubtedly still evident, particularly among younger generations,” according to the study, which also found that “almost half (47 percent) of the next generation who are presently employed indicate they are planning to change occupations in the year ahead.”
The Gen Z workers in the study were between the ages of 18 and 24.
Stacey Watson, Fidelity’s senior vice president of life event planning, told FOX Business, “This is the first year we spent this much attention on the subject of job transition for the Resolutions study.” “We wanted to obtain a better sense of where individuals stood on the Great Resignation because there has been a lot of discussion about it in recent months.”
According to Watson, the poll findings also revealed why people were considering their employment possibilities.
More Americans are hopeful about their financial well-being in the coming year, which explains their eagerness to leave the Exit doors in search of something new.
“Aside from money, the top reasons for seeking a shift were stress levels, flexibility, and ‘finding a job that better corresponds with my own values,'” Watson added. “We also discovered that women are more likely to cite schedule or remote work flexibility as a major factor in their job search.”
According to Fidelity’s research, 72 percent of Americans believe they will be better off financially in the coming year, the same percentage of respondents who said the same thing in last year’s annual survey.
According to Fidelity, optimism was “cautious” this year.
4 in 10 people who said they were worse off this year than in 2020 said that rising prices were the reason. Only 27% of people blamed inflation in last year’s poll.
Almost half of Americans say that inflation is their biggest financial worry for the next year, a survey found.
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