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CHICAGO, Ill., March 11, 2009 – The Illinois Employee Confidence Index increased 2.6 points to 40.6 in January, according to the latest Spherion® Employment Report. The monthly survey of Illinois workers, conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), indicates that more workers feel that they are unlikely to lose their jobs, and more feel confident in the future of their current employer as well.
Results from the Illinois Employment Report:
- Eighty-three percent of workers say they are unlikely to lose their jobs in the next year, an increase of 10 percentage points from December.
- More workers (68 percent) are confident in the future of their current employer, a five-percentage-point increase from the previous month.
- Only 29 percent of workers were confident in their ability to find a new job, a decrease of 12 percentage points from December.
“Illinois is keeping pace with the nation as far as the unemployment rate and national jobs picture is concerned, but surprisingly our national report indicated an increase of overall employee confidence,” explained Jodie Wood, regional director of Spherion Staffing Services in Illinois. “There is really no clear cut reason why the state’s employee confidence has increased month over month, except for the fact that there is a renewed sense of optimism stemming from the new administration and economic stimulus package which we are hoping will create the jobs needed to jump start our market.”
| January 2009 Employment Report Results | Illinois Workers | U.S. Workers | |||||
| Dec | Jan | % Point Change | Dec | Jan | % Point Change | ||
| Economy | Getting Stronger | 4% | 2% | -2 | 5% | 7% | +2 |
| Staying Same | 22% | 35% | +13 | 20% | 26% | +6 | |
| Getting Weaker | 74% | 63% | -11 | 75% | 67% | -8 | |
| Job Availability | More Jobs | 5% | 4% | -1 | 5% | 6% | +1 |
| Same Amount | 9% | 8% | -1 | 17% | 18% | +1 | |
| Fewer Jobs | 86% | 88% | +2 | 78% | 76% | -2 | |
| Ability to Find New Job | Confident | 41% | 29% | -12 | 39% | 42% | +3 |
| Neutral | 24% | 50% | +26 | 33% | 33% | 0 | |
| Not Confident | 36% | 20% | -16 | 28% | 25% | -3 | |
| Future of Current Employer | Confident | 63% | 68% | +5 | 66% | 67% | +1 |
| Neutral | 24% | 25% | +1 | 23% | 22% | -1 | |
| Not Confident | 13% | 6% | -7 | 11% | 11% | 0 | |
| Likelihood to Lose Job | Likely | 20% | 8% | -12 | 15% | 16% | +1 |
| Neutral | 8% | 9% | +1 | 13% | 12% | -1 | |
| Not Likely | 73% | 83% | +10 | 72% | 72% | 0 | |
| Likelihood to Look for New Job | Likely | 41% | 33% | -8 | 33% | 34% | +1 |
| Neutral | 3% | 6% | +3 | 12% | 12% | 0 | |
| Not Likely | 56% | 61% | +5 | 55% | 54% | -1 | |
About the Spherion Employment Report
About Spherion
Spherion Corporation (NYSE:SFN) is a leading recruiting and staffing company that provides integrated solutions and breakout specialties 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 650 locations in the United States and Canada, Spherion delivers innovative workforce solutions that improve business performance. Spherion provides its services to approximately 10,000 customers, from Fortune 500 companies to a wide range of small and mid-size organizations. Employing more than 230,000 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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