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NEW YORK, N.Y., March 29, 2007 – The New York Employee Confidence Index dropped 3.5 points in February to 54.4 according to the latest Spherion® Employment Report. The monthly survey of New York workers, conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), shows that fewer workers are confident in their ability to find a new job, and fewer are confident about the future of their current employers.
Results from the New York Employment Report:
- Forty-six percent of workers are confident in their ability to find a new job, a 10-percentage-point decrease from January.
- Fifty-four percent of workers are confident in the future of their current employer, an eight-percentage-point drop from the previous month.
- Forty-four percent of workers said they are unlikely to look for a new job in the next year, a decrease of 15 percentage points from January.
“Although overall employee confidence decreased in February and fewer workers are confident in their ability to find a new job, we are encouraged by continued job growth across the state,” said Rich Mazelsky, regional vice president of Spherion Staffing Services. “In the past few months, New York has continued to add a solid number of new jobs in a wide range of industries. Based on current economic and business trends, we expect more of the same over the next few months as the demand for workers continues, which, of course, is great news for job seekers.”
| New York Workers | U.S. Workers | ||||||
| Jan | Feb |
% Point Change |
Jan |
Feb |
% Point Change |
||
| Economy | Getting Stronger | 20% | 20% |
0 |
24% |
24% |
0 |
| Staying Same | 48% |
43% |
-5 |
42% |
42% |
0 | |
| Getting Weaker | 31% |
37% |
+6 |
34% |
34% |
0 | |
| Job Availability | More Jobs | 19% |
26% |
+7 |
28% |
28% |
0 |
| Same Amount | 46% |
35% |
-11 |
37% |
37% |
0 | |
| Fewer Jobs | 36% |
39% |
+3 |
35% |
35% |
0 | |
| Ability to Find New Job | Confident | 56% |
46% |
-10 |
60% |
60% |
0 |
| Neutral | 29% |
35% |
+6 |
27% |
27% |
0 | |
| Not Confident | 15% |
19% |
+4 |
13% |
13% |
0 | |
| Future of Current Employer | Confident | 62% |
54% |
-8 |
66% |
65% |
-1 |
| Neutral | 26% |
32% |
+6 |
22% |
22% |
0 |
|
| Not Confident | 12% |
14% |
+2 |
11% |
10% |
-1 |
|
| Likelihood to Lose Job | Likely | 11% |
13% |
+2 |
11% |
10% |
-1 |
| Neutral | 10% |
7% |
-3 |
10% |
10% |
-3 |
|
| Not Likely | 79% |
80% |
+1 |
79% |
80% |
+1 |
|
| Likelihood to Look for New Job | Likely | 29% |
39% |
+10 |
35% |
36% |
+1 |
| Neutral | 12% |
17% |
+5 |
12% |
10% |
-2 |
|
| Not Likely | 59% |
44% |
-15 |
54% |
54% |
0 |
|
About the Spherion Employment Report
About Spherion
Spherion Corporation (NYSE:SFN) is a leading recruiting and staffing company that provides integrated solutions to meet the evolving needs of companies and job candidates. As an industry pioneer for 60 years, Spherion has screened and placed millions of individuals in temporary, temp-to-hire and full-time jobs. Positions range from administrative and light industrial to a host of professions that include accounting/finance, information technology, engineering, manufacturing, legal, human resources and sales/marketing.
With approximately 650 locations in the United States and Canada, Spherion delivers innovative workforce solutions that improve business performance. Spherion provides its services to more than 8,000 customers, from Fortune 500 companies to a wide range of small and mid-size organizations. Employing 375,000 people annually through its network, Spherion is one of North America’s largest employers. To learn more, visit www.spherion.com. For up-to-date career tips and trends, visit Spherion’s career blog, The Big TimeSM, at www.spherion.com/careerblog.
To become a member of the Harris Poll Online, visit www.harrispollonline.com.
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