U.S. Job Satisfaction Continues on Upward Trend; Job Seekers Are Sacrificing Salaries and Career Growth to Land Jobs in 2010

(From BUSINESS WIRE) -- Job satisfaction among U.S. workers was solid in 2009, but pessimism and desperation plague many job seekers who remain grim about prospects for the job market in 2010, according to Yahoo! HotJobs' survey, released today. The Yahoo! HotJobs Job Satisfaction and Employer Outlook survey polled 2100 workers, job seekers, hiring managers and recruiters.

Some general findings of the Yahoo! HotJobs surveys include:

• American job seekers, workers, and employers are pessimistic about the job situation in 2010 - more than two-thirds of respondents feel the economy will stay the same or get worse.

• Competition for jobs is getting intense: nearly 40% of workers feel it will take more than six months to land a job, and hiring managers report seeing more overqualified candidates applying for jobs. However, the survey revealed some good news, as one in three employers expect hiring activities to increase in 2010.

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