Fewer concerns over job retention among employees

Less job insecurity mainly in construction and health care

Between 2013 and 2016, the share of employees having concerns over job retention decreased across all industries, especially in construction: from 39 to 22 percent. A substantial decline was also seen in health care. However, the level of job insecurity across all industries is still higher than before the crisis. Concerns over job retention mostly occur among employees at financial institutions, but also among a relatively high number of employees in the transport and storage, and information and communication industries. Industries in which employees express relatively few concerns, on the other hand, include agriculture and fisheries, hospitality and education.

Less insecurity also during major changes

Concerns over job retention are partly related to major corporate changes such as reductions and reorganisations. Fewer employees were affected by this in recent years, which in part explains the decline in job insecurity. However, employees affected by drastic changes also expressed fewer concerns. Out of the employees affected by reduction involving redundancies in 2016, 44 percent worried about retaining their job. In 2013, this share amounted to as much as 52 percent. In the same period, the share of employees expressing concerns during a major reorganisation fell from 45 to 36 percent.

Young, healthy employees least worried

Young people are least concerned over job retention. The share is also relatively low among employees who feel healthy. In the age category 15-24, the share of healthy employees expressing concerns over job retention amounted to 14 percent, versus 25 percent among less healthy workers. Job insecurity was highest among 45 to 54-year-olds who experience a poorer health.