While many U.S. workers have enjoyed remote work over the past three years, a top concern heading into 2023 is potential layoffs and the worry about finding a suitable new job, according to a recent CNBC/Momentive Workforce Survey that interviewed more than 10,000 workers across the United States. In particular, the tech industry is seeing a number of layoffs, but the trend is valid across industries and positions.

Interestingly, those who do not work remotely are less worried about both getting laid off and/or finding a new position, noting how strong the labor market generally remains. While about one-quarter of remote U.S. workers believe they could find a new job in just a month if they were laid off, more than 40 percent of in-person workers feel the same way. Ultimately, those who spent their days in the office feel stronger about both their current and future prospects.

Many remote workers have moved to a desired location which may not have as many openings or applicable positions available in the event of layoffs, and they might not be willing to give up the flexibility of working from home. Notably, in-person workers believe they have better career advancement prospects as well.

In general, employee morale is higher than it has been in years, with a full 72 percent stating that they have either “excellent” or “good” morale when it comes to work; this number is even higher for younger employees. Not surprisingly, the biggest layoff-related concern is income and maintaining a standard of living.

As of last November, nearly 16 percent of occupations requiring a college degree allowed for remote work while it was about 5 percent of those that did not require a degree, based on three-month rolling average data.