LinkedIn’s market research team surveyed 34,637 U.S. professionals from Dec. 30, 2023 to July 12, 2024, scoring their confidence on a scale from -100 to +100.
Workers’ confidence in their ability to progress in their careers has declined since the start of 2024 and now sits at +24. This score is down from +28 in 2020 when COVID-19 spurred many workplaces to shut down, according to the report.
The decline has been especially pronounced among male workers this year, whose confidence in their careers dropped from +32 in January to +24 in July. Historically, men have reported higher confidence in their careers than women.
LinkedIn’s analysts did not explain the reasons behind this year’s drop in confidence, but factors such as a loosening labor market, decreasing worker engagement, and a growing trust gap between managers and employees may be contributing.
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