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Ohio Employment Report:Employee Confidence Index Declines Slightly; More Workers Likely to Look for New Jobs
COLUMBUS, Ohio, January 18, 2008 — The Ohio Employee Confidence Index decreased 0.8 points to 49.5 in December, according to the Spherion®Employment Report. The monthly survey conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), reports that while workers are uneasy about job availability, more are likely to look for new jobs in the next 12 months.
 
 

Results from the Ohio Employment Report:

  • Fifty-two percent of workers believe that the economy is getting weaker, a decrease of 12 percentage points from November.
  • Thirty-four percent of those surveyed reported that they are likely to look for a new job, a 14 percentage point increase from November.
  • More workers believe that their current job is in jeopardy, with 23 percent reporting that they believe they are likely to lose their job, up 17 percentage points from the previous month. 

 “Despite a decline in the Employee Confidence Index, the overall Ohio labor market remains strong and we continue to see businesses expand across key industries,” said Robert Schulte, Spherion franchise owner in Ohio. “Although workers are slightly more concerned about their personal job security, the good news is that we are still experiencing consistent job growth. Those who are looking for new jobs will have plenty of opportunities to find employment.” 

December Employment Report Results Ohio Workers U.S.  Workers
  Nov Dec % Point Change Nov Dec % Point Change
Economy Getting Stronger 7% 6% -1 12% 12% 0
Staying Same 29% 42% +13 32% 30%  -2
Getting Weaker 64% 52% -12 56% 58%  +2
Job Availability More Jobs 14% 12% -2 20% 19% -2
Same Amount 44% 37% -7 39% 37% -2
Fewer Jobs 43% 51% +8 41% 45% +4
Ability to Find New Job Confident 49% 52% +3 56% 55% -1
Neutral 39% 32% -7 30% 29% -1
Not Confident 11% 16% +5 15% 17% +2
Future of Current Employer Confident 62% 57% -5 61% 64% +3
Neutral 26% 31% +5 25% 23% -2
Not Confident 12% 12% 0 14% 13% -1
Likelihood to Lose Job Likely 6% 23% +17 11% 13% +2
Neutral 11% 10% -1 10% 9% -1
Not Likely 83% 67% -16 79% 78% -1
Likelihood to Look for New Job Likely 20% 34% +14 32% 32% 0
Neutral 4% 8% +4 10% 11% +1
Not Likely 77% 58% -19 58% 57% -1

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.

 
 Methodology
The December 2007 Spherion® Employment Report was conducted online within the United by Harris Interactive on behalf of Spherion Corporation between December 3 and 5 and December 10 and 12, 2007 among a U.S. sample of 2,827 employed adults, aged 18 years and older, of whom 129 are employed in Ohio (for Nov 2007 n=137). Results were weighted as needed for age, sex, race/ethnicity, income, education and region. Propensity score weighting was also used to adjust for respondents’ propensity to be online.
 
All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments. Therefore, Harris Interactive avoids the words “margin of error” as they are misleading. All that can be calculated are different possible sampling errors with different probabilities for pure, unweighted, random samples with 100% response rates. These are only theoretical because no published polls come close to this ideal.
 
Respondents for this survey were selected from among those who have agreed to participate in Harris Interactive surveys. The data have been weighted to reflect the composition of the U.S. adult population. Because the sample is based on those who agreed to be invited to participate in the Harris Interactive online research panel, no estimates of theoretical sampling error can be calculated.
 
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 more than 60 years, Spherion has sourced, 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 700 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 more than 300,000 people annually through its network, Spherion is one of North America's largest employers. To learn more, visit http://www.spherion.com/. For up- to-date career tips and trends, visit Spherion's career blog, The Big Time(SM), at http://www.spherion.com/careerblog.
 
About Harris Interactive
Harris Interactive is one of the largest and fastest-growing market research firms 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 North American, European and Asian offices, 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.

OH-Emp-Rep-Dec07-PDF
Click here for a PDF of the Report (59 KB)

 

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Lesly Cardec

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