Week 5: Indeed Pulse Survey Indicates Less Concern with Financial Stability

COVID-19 Concerns Continue to Decline among American Workers

AUSTIN, TX (April 22, 2020) —  Indeed, the world’s number one job site, released its fifth pulse survey today of how Americans workers are coping with the COVID-19 crisis. Last week, we began to see a decline in the concerns related to COVID-19 as they relate to American’s and their work life. This week’s results indicate that concerns continue to decline among respondents, the largest of which being the worry of taking a financial hit (down seven points from 60% to 53%). This is the lowest percentage point of American workers who are concerned with their financial stability since the weekly pulse survey began five weeks ago.

Worries from employees about losing their job continue to decrease, from it’s peak at 51% in Week 3 of Indeed’s pulse survey results, to 48% in Week 4, and now 45% in Week 5. Additionally, 35% of US workers report concerns with challenges of working from home, down five percentage points from last week’s 40%. Results also show continued decreases in concern among workers with contracting COVID-19 in the workplace and caring for loved ones.

“While the impact of COVID-19 to the labor market has been harsh, worries may be on the decline since the initial shock because we’ve all been living with this for some time now. With all of the adjustments workers have experienced over the last few weeks, many may have accepted their new realities and/or started planning for what’s next,” said Paul Wolfe, SVP of Global Human Resources at Indeed. “Some states are starting to plan for reopening the economy, providing hope to many that recovery is on the horizon.”

Indeed is highlighting companies each week with current job postings on the Indeed Career Guide’s COVID-19 Resource Page, at indeed.com/heretohelp. This week, jobs with healthcare, retail, and grocery companies like Genentech, AutoZone, Instacart, Fiesta Mart, CSL Plasma, Lowe’s, Food Lion, and Taco Bell were featured here

To understand the evolving needs and anxieties of employees and job seekers right now, Indeed will survey 1,000 American workers weekly to determine their most pressing concerns with their careers as a result of the COVID-19 crisis. New results will be released every Wednesday over the next several weeks.

Full survey results below, including the previous two weeks of data. For more information on this survey, please contact Kristen Gehring at kgehring@indeed.com. For tips and guides on handling work and job search during today’s pandemic, please see Indeed’s special COVID-19 Career Guide

Survey Methodology:

To conduct this study, Indeed will survey 1,000 US respondents each week over a 24-hour period for ten consecutive weeks. The weekly survey results are from those respondents who report that they are currently employed. 

About Indeed:

More people find jobs on Indeed than anywhere else. Indeed is the #1 job site in the world (comScore, March 2018) and allows job seekers to search millions of jobs in more than 60 countries and 28 languages. More than 250 million people each month search for jobs, post resumes, and research companies on Indeed, and Indeed delivers 3X more hires than any other job site (SilkRoad Technology Source of Hire Report, 2018). For more information, visit indeed.com.

 

 SUMMARY TABLE OF VERY CONCERNED Wave 1 Wave 2 Wave 3 Wave 4 Wave 5
Taking a financial hit (reduced wages, less contract work, decreased paid time off) 35% 31% 33% 30% 29%
Caring for loved ones (parents, relatives, pets) 27% 25% 27% 25% 23%
Contracting COVID-19 in the workplace 26% 24% 31% 26% 28%
Losing my job (impacts to my sector or the business where I work) 26% 24% 28% 26% 23%
Spreading COVID-19 in the workplace 25% 26% 27% 26% 27%
Maintaining my mental health (work/life balance, stress, social isolation) 22% 21% 25% 23% 24%
Challenges of working from home (productivity, meeting goals, navigating technology) 19% 14% 17% 16% 17%
Balancing childcare arrangements 16% 12% 16% 16% 15%

 

SUMMARY TABLE OF VERY CONCERNED/CONCERNED Wave 1 Wave 2 Wave 3 Wave 4 Wave 5
Taking a financial hit (reduced wages, less contract work, decreased paid time off) 62% 56% 60% 60% 53%
Caring for loved ones (parents, relatives, pets) 53% 51% 57% 53% 50%
Contracting COVID-19 in the workplace 50% 46% 53% 52% 51%
Spreading COVID-19 in the workplace 49% 47% 52% 51% 51%
Maintaining my mental health (work/life balance, stress, social isolation) 48% 42% 53% 48% 50%
Losing my job (impacts to my sector or the business where I work) 47% 42% 51% 48% 45%
Challenges of working from home (productivity, meeting goals, navigating technology) 42% 34% 41% 40% 35%
Balancing childcare arrangements 35% 26% 36% 34% 35%

 

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