Jobseekers Give Credit Crunch Hype The Brush Off, New Survey Reveals

Attitudes towards job prospects across industry sectors remain positive despite reports of a labour market slowdown. This is according to a new quarterly survey, carried out by The Hotonline Network, the UK's largest network of specialist job sites.

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The ëJob Pulseí survey, a glance at job seeker confidence levels across multiple industries including finance, retail, secretarial and IT, found that 84% of the 1,685 candidates questioned feel that they are more likely or just as likely to find a job in 2008 as they were in 2007. Other findings include:

Credit crunch fatigue - media hype surrounding the credit crunch has failed to knock the confidence levels of 59% of jobseekers who say that they do not feel under additional pressure to perform in order to hold down their job

Itchy feet ñ 77% of those questioned intend to change jobs within the next three months, 12% are yet to make up their minds, whilst 11% plan to stay put

Money matters ñ money is the key motivator for employees considering a career move, with 31% citing a ëhigh salaryí as the biggest reason, followed by quicker career progression (17%) and job instability in their current role (13%) as the reason

High hopes - 40% expect to achieve a promotion within the next year. 8% hope to do this within their current company and 32%, within a new one

Andy Baker, Group Director of Trinity Mirror Digital Recruitment which owns The Hotonline Network comments:

ìWhilst reports show that certain industry sectors have felt the effects of the credit crunch over the last few months, this doesnít mean there are less jobs around and our survey shows jobseekers are remaining confident about their career prospects for 2008. In fact we experienced a 21% increase in the number of job vacancies posted across our network of specialist sites between December and February, showing that the online market remains strong.î