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COLUMBUS, Ohio, January 23, 2009 — Although negative job growth continues to be seen across the state, the Ohio Employee Confidence Index continued its upward trend in December, increasing 2.6 points to 40.8, according to the latest Spherion
Results from the Ohio Employment Report:
- Sixty-three percent of workers say they are unlikely to look for new jobs in the next 12 months, an increase of 11 percentage points from November.
- Nearly four in ten workers (39 percent) are confident in their ability to find a new job, representing a nine percentage point increase from the previous month.
- More workers are confident in the future of their current employer. Specifically, 73 percent of workers are optimistic, up 10 percentage points from November.
“We are pleasantly surprised to see the continued upward movement of the Ohio Employee Confidence Index,” said Robert Schulte, Spherion franchise owner in Ohio. “Although the state has been hit hard by job losses in some of the state’s largest industries such as construction and manufacturing, our latest Employment Report suggests that workers in Ohio have embraced a sense of optimism towards their personal employment situations. With Ohio workers’ confidence toward the future of their current employer on the rise, this scenario presents an opportunity for companies looking to further engage their workforce and continue to boost employee morale as we head into 2009. When the health of economy begins to turn around, workers who have been motivated and engaged will ultimately be those that are retained.”
| December 2008 Employment Report Results | Ohio Workers | U.S. Workers | |||||
| Nov | Dec | % Point Change | Nov | Dec | % Point Change | ||
| Economy | Getting Stronger | 1% | 4% | +3 | 4% | 5% | +1 |
| Staying Same | 23% | 20% | -3 | 23% | 20% | -3 | |
| Getting Weaker | 75% | 77% | +2 | 73% | 75% | +2 | |
| Job Availability | More Jobs | 2% | 6% | +4 | 6% | 5% | -1 |
| Same Amount | 19% | 14% | -5 | 21% | 17% | -4 | |
| Fewer Jobs | 79% | 80% | +1 | 74% | 78% | +4 | |
| Ability to Find New Job | Confident | 30% | 39% | +9 | 43% | 39% | -4 |
| Neutral | 43% | 33% | -10 | 33% | 33% | 0 | |
| Not Confident | 26% | 28% | +2 | 25% | 28% | +3 | |
| Future of Current Employer | Confident | 63% | 73% | +10 | 66% | 66% | 0 |
| Neutral | 26% | 27% | +1 | 23% | 23% | 0 | |
| Not Confident | 11% | 9% | -2 | 11% | 11% | 0 | |
| Likelihood to Lose Job | Likely | 8% | 11% | +3 | 13% | 15% | +2 |
| Neutral | 12% | 15% | +3 | 12% | 13% | +1 | |
| Not Likely | 80% | 74% | -6 | 75% | 72% | -3 | |
| Likelihood to Look for New Job | Likely | 26% | 25% | -1 | 35% | 33% | -2 |
| Neutral | 22% | 12% | -1 | 10% | 12% | +2 | |
| Not Likely | 52% | 63% | +11 | 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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