According to a recent report, four million people are starting off their New Year by looking for a new job.
Of those jobseekers, as many as 66% say they would be open to moving location for the right role – 21% would consider moving elsewhere in the UK, whereas 23% said they would move within Europe. Another 22% would travel even further.
The Totaljobs survey of 3,000 UK workers revealed that 59% of Brits are concerned about their finances going into the new year and are therefore looking for a higher salary in their next role; on average job seekers are only seriously considering roles offering a minimum 13% pay increase.
The report also shows that 25% have started their job search in order to find a better work/life balance. This is followed by wanting job security (cited by 37%) and flexible working options (37%).

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Julius Probst, Labour Economist at Totaljobs (part of The Stepstone Group), commented, ‘‘The UK labour market has returned to balance after two years of overheating in 2021 and 2022. Vacancies continue to decline, and employment growth remains sluggish.
“Worker turnover is currently low, and there are concerns that the policies introduced in the Autumn Budget may impact the hiring outlook.
“The Bank of England should continue its easing cycle to avoid further stifling the labour market. On the bright side, real wages of workers are growing at a healthy rate, supporting household consumption and the economy.”
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