Job seeker confidence fell for all but the highest-earning job seekers in the second quarter, according to ZipRecruiter. The Job Seeker Confidence Index fell 5.8 points to 93.1 in the second quarter, the lowest reading since the survey began in the first quarter of 2022. All four subindexes deteriorated—especially the expectations index, which measures job seeker optimism about the future labor market outlook.
Recent improvements in job-search satisfaction reversed, with 38% of job seekers saying their job search is going poorly and only 15% saying it is going well. More job seekers said they expect the availability of jobs to decrease than increase in the coming six months. Job seekers’ confidence in their ability to find new jobs within a month, their confidence that there would be better opportunities available in the coming months, and their confidence that it is becoming easier to find jobs all declined.
The ZipRecruiter Job Seeker Confidence Index survey is a quarterly survey of U.S. job seekers that measures how optimistic or pessimistic they are about their ability to land their dream jobs. It is administered to a Qualtrics panel of more than 2,000 job seekers from the 10th to the 16th of the second month of each quarter and weighted to the U.S. Census Bureau’s American Community Survey.
Source: ZipRecruiter
