Press Release Archive
LOS ANGELES, Calif., July 20, 2007 – The California Employee Confidence Index continued its upward momentum in June, increasing 1.2 points to 61.7, according to the latest Spherion® Employment Report. This month’s survey of California workers, conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), shows that more workers are optimistic about the number of jobs available, and more believe that the economy is gaining strength.
Results from the California Employment Report:
- Twenty-three percent of workers believe the economy is stronger, a seven-percentage-point increase from the previous month.
- More workers are optimistic in the amount of jobs available, with 33 percent reporting they believe the number of available positions has increased, an eleven-percentage-point jump from May.
- Although more workers believe that more jobs are available, the amount of workers likely to look for a new job has decreased. Sixty-three percent are not likely to look for a new job in the next 12 months, an eleven-percentage-point increase.
|June Employment Report Results||California Workers||U.S. Workers|
|May||June||% Point Change||May||June||% Point Change|
|Job Availability||More Jobs||22%||33%||+11||23%||27%||+4|
|Ability to Find New Job||Confident||68%||67%||-1||59%||59%||0|
|Future of Current Employer||Confident||70%||67%||-3||65%||65%||0|
|Likelihood to Lose Job||Likely||9%||10%||+1||11%||11%||0|
|Likelihood to Look for New Job||Likely||33%||29%||-4||34%||34%||0|
About the Spherion Employment Report
As part of the Spherion® Emerging Workforce® Series of employment surveys, the monthly Spherion Employment Report provides a snapshot of the latest workforce trends across the country and is issued in conjunction with state and national labor market releases. Three key indices are measured: the Spherion Job Security Index, which captures how likely respondents think it is that they will lose their job or that their job will be eliminated in the next 12 months; the Spherion Job Transition Index, which captures how likely respondents are to look for a new job in the next 12 months; and the Employee Confidence Index, which measures employees’ overall confidence in the economy, the future of their employer, the availability of jobs, and their ability to find other employment. The Employee Confidence Index is based on these four components, with a ‘score’ calculated for each by taking the difference of the percentage of positive responses and the percentage of negative responses. These four scores are then averaged to indicate an overall level of employee confidence scaled from 0 (no confidence) to 100 (complete confidence). A reading above 50 indicates a positive confidence level.
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.
Harris Interactive is the 12th largest and fastest-growing market research firm in the world. The company provides innovative research, insights and strategic advice to help its clients make more confident decisions which lead to measurable and enduring improvements in performance. Harris Interactive is widely known for The Harris Poll, one of the longest running, independent opinion polls and for pioneering online market research methods. The company has built what it believes to be the world’s largest panel of survey respondents, the Harris Poll Online. Harris Interactive serves clients worldwide through its United States, Europe and Asia offices, its wholly-owned subsidiaries Novatris in France and MediaTransfer AG in Germany, and through a global network of independent market research firms. More information about Harris Interactive may be obtained at www.harrisinteractive.com.
To become a member of the Harris Poll Online and be invited to participate in online surveys, register at www.harrispollonline.com.