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How many laid-off employees are back at work?

Jared Bilski
by Jared Bilski
May 28, 2010
1 minute read
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More companies are making a push to reel in some of the talent that was let go recently. So if your company holds off on its hiring plans much longer, you may miss out on the crème de la crème of market.

According to the latest CareerBuilder survey, over half (51%) of workers who were laid off in the past three months have found new (full- or part-time) positions.

That’s up from the 44% of displaced workers who said they’d landed new jobs back in November 2009.

The study also discovered that laid-off workers are looking outside of their chosen fields when it comes to job hunting.

For example, of the workers that were let go in the past six months:

  • 64% of those with new jobs are currently working in a different field, and
  • 55% of them said they “really enjoy” their new positions.

As news of an economic recovery increases, experts expect a continued — but cautious — increase in hiring from companies.

Has your company (or similar companies in your industry) been hiring? Do you plan to in the near future? Let us know in the Comments section.

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CFO Daily News, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day’s headlines, CFO Daily News delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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