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SINGAPORE: Eight in 10 jobseekers from more than 85 countries around the world predicted it would take unemployed workers more than four months to find a new job in today's turbulent market.
And four in 10 said the process might take seven months or even longer.
This is according to a recent survey of some 1,000 unemployed executives by the Korn/Ferry Institute, a talent management and leadership research firm.
Forty-three per cent of executives surveyed said they are keen on pursuing studies during the downturn.
Most jobless executives looking at educational opportunities were considering MBAs or other advanced degrees.
The survey also found that while 55 per cent of the jobseekers spent the majority of their time between jobs looking for new opportunities, one in four focused their time on professional development.
One in 10 chose to spend time more leisurely with family and friends, while seven per cent went on a vacation.
- CNA/yt
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