Changing careers may not be as unpopular as we might think. A recent study by the University of Phoenix suggests that a significant number of people are not happy in their current jobs. This means that there are more people out there who would like to be job searching for new jobs but are not for various reasons.
The Numbers of Would-Be Career Changers
It seems that people of all ages are interested in careers other than the one they are currently in. 78 percent of people in their 20s are interested in changing jobs and 64 percent of adults in their 30s would like a different career. Almost 55 percent of people in their 40s and 51percent of people in their 50s all want to change careers. Fewer people in their 60s (26 percent) want to change careers at this point. Surprisingly, some C-level executives (43 percent) are at least somewhat interested in changing careers.
Many are not Reaching Their Expectations
A majority of people had career goals at a younger age. However, 73 percent say that they are not in the career that they planned on currently. This disconnect is more noticeable in women than men – 77 percent of women state that they are not in their planned occupation, compared to 68 percent of men. A college degree makes you a bit more likely to follow your intended career path; 79 percent of people without a college degree who had a career plan are not following that plan, but this drops to only 63 percent in people with college degrees.
Living the Dream
Few people are working in their dream careers; according to this survey, this number is 14 percent. Even owning a business does not make a person immune; only 20 percent note that they are in their dream positions. The most coveted careers are arts and sciences (17 percent), business and management (16 percent), technology (14 percent), and healthcare (12 percent).
Why not make the Change
More than one-half (57 percent) state that lack of financial security is the main reason for not changing careers. 40 percent are not sure what job to change to and 37 percent note that they don’t have the needed experience or education. Almost one-third (31 percent) think they are too old or too advanced in their current career to make the change at this point.
This information was gathered in the Working Adult survey of 1,616 adults who are either full-time, part-time, or self-employed workers. For more help with changing careers, you can sign up for our GetHiredBootCamp.com today.