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CHICAGO, Ill., January 23, 2009 – The Illinois Employee Confidence Index increased 2.6 points to 38.0 in December, according to the latest Spherion® Employment Report. The monthly survey of Illinois workers, conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), reveals that more workers are confident in their ability to find a new job and in the future of their current employer.
Results from the Illinois Employment Report:
- Forty-one percent of workers are confident in their ability to find a new job, an increase of 12 percentage points from November.
- More workers (63 percent) are confident in the future of their current employer, a 12-percentage-point increase from the previous month.
- Seventy-three percent of workers believe that they are unlikely to lose their job, an increase of seven percentage points from November.
“Although we experienced a slight increase in employee confidence in December, the state’s unemployment rate still mirrors the trends of the national economy,” explained Jodie Wood, regional director of Spherion Staffing Services in Illinois. “There is still conversation around an economic stimulus plan from the state that will include an investment in infrastructure, which will ultimately lead to creating jobs. The good news from our report shows that workers have a renewed sense of confidence in finding a job and the majority of workers surveyed believe that they are not likely to lose their jobs in the next 12 months.”
| December 2008 Employment Report Results | Illinois Workers | U.S. Workers | |||||
| Nov | Dec | % Point Change | Nov | Dec | % Point Change | ||
| Economy | Getting Stronger | 4% | 4% | 0 | 4% | 5% | +1 |
| Staying Same | 13% | 22% | +9 | 23% | 20% | -3 | |
| Getting Weaker | 83% | 74% | -9 | 73% | 75% | +2 | |
| Job Availability | More Jobs | 6% | 5% | -1 | 6% | 5% | -1 |
| Same Amount | 10% | 9% | -1 | 21% | 17% | -4 | |
| Fewer Jobs | 84% | 86% | +2 | 74% | 78% | +4 | |
| Ability to Find New Job | Confident | 29% | 41% | +12 | 43% | 39% | -4 |
| Neutral | 45% | 24% | -21 | 33% | 33% | 0 | |
| Not Confident | 26% | 36% | +10 | 25% | 28% | +3 | |
| Future of Current Employer | Confident | 51% | 63% | +12 | 66% | 66% | 0 |
| Neutral | 34% | 24% | -10 | 23% | 23% | 0 | |
| Not Confident | 15% | 13% | -2 | 11% | 11% | 0 | |
| Likelihood to Lose Job | Likely | 18% | 20% | +2 | 13% | 15% | +2 |
| Neutral | 16% | 8% | -8 | 12% | 13% | +1 | |
| Not Likely | 66% | 73% | +7 | 75% | 72% | -3 | |
| Likelihood to Look for New Job | Likely | 39% | 41% | +2 | 35% | 33% | -2 |
| Neutral | 12% | 3% | -9 | 10% | 12% | +2 | |
| Not Likely | 48% | 56% | +8 | 55% | 55% | 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 more than 60 years, Spherion has sourced, screened and placed millions of individuals in temporary, temp-to-hire and full-time jobs.
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. Spherion operates under the following brands: Spherion Staffing Services Group for administrative, clerical and light industrial workers; Technisource for technology professionals and solutions; The Mergis Group for accounting and finance and other professional positions; Todays Office Professionals for specialty administrative personnel; and Spherion Recruitment Process Outsourcing. To learn more, visit www.spherion.com.
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