Glassdoor research | The job market is strong, but job seeker confidence remains low

The job market is strong and looking like it did pre-pandemic, yet workers’ confidence has deteriorated, partly because of financial stress, new research finds.

The research from Glassdoor shows that employee confidence has dropped to its lowest level since 2016, with 46% of workers reporting a positive six-month outlook for their employer. This is down from 54% from the previous year.

Simultaneously, the ZipRecruiter Job Seeker Confidence Index was down by six points to the lowest it's been since 2022, indicating that overall worker optimism in the job market is low, perhaps unnecessarily.

Economists are attributing the combination of a relatively healthy job market and low employee confidence to financial worries within the workforce, as well as having come out of a thriving job market post-pandemic, CNBC reports.