43% of workers want to change careers this year, survey finds — but few may actually do it
Pedestrians make their way early morning in the hallway of the Grand Central terminal in New York on February 29, 2024.
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A recent survey by FlexJobs reveals that over 40% of people are considering a career change this year, driven by concerns about layoffs, the impact of artificial intelligence, and work-life balance. However, despite the desire to switch careers, most individuals are hesitant to leave their current employers.
Keith Spencer, a career expert at FlexJobs, explains that many individuals know they want to leave their jobs but struggle to define their desired roles and understand how their skills align with new career paths. This lack of clarity can lead to a loss of confidence and motivation.
The traditional career model of "choosing a path, working hard, and climbing the ladder" is no longer sufficient, according to executive coach Megan Hellerer. The advent of AI has accelerated the collapse of linear career paths, prompting individuals to question the security of their chosen routes. As a result, people are seeking more creative and complex roles that AI struggles to replicate, as noted by Erik Brynjolfsson, an economics professor at Stanford University.
However, the demand for white-collar skills remains uncertain. Joseph Fuller, a professor at Harvard Business School, observes a low quit rate, with only 2% of workers voluntarily leaving their jobs in December, compared to 3% during the so-called Great Resignation in November 2021. Fuller attributes this reluctance to the impact of AI and economic uncertainty, a trend he calls "job hugging" or "the great stay."
Despite the challenges, Hellerer suggests that those considering a career change should take a "curiosity campaign" approach. Instead of focusing on finding purpose, individuals should follow their curiosity and explore topics that interest them. AI, while causing anxiety about job security, also presents an opportunity to strip away safe choices and encourage self-reflection on uniquely well-suited careers.
Hellerer advises taking small, low-risk experiments, such as taking classes, conversing with professionals in desired fields, or reading books on intriguing subjects. She emphasizes that career changes don't have to be dramatic; they often start with incremental steps, aiming for momentum rather than certainty.