Press Release Archive
LOS ANGELES, Calif., July 17, 2009 –The California Employee Confidence Index dropped 3.1 points to 46.1 in June, according to the latest Spherion® Employment Report. The monthly survey of California workers, conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), reveals that more workers believe there are fewer jobs available and fewer workers are confident in their ability to find a new job.
Results from the California Employment Report:
· Fewer workers reported that they are confident in their ability to find a new job. Specifically 43 percent versus 49 percent in May.
· More than half (56 percent) of workers believe it is not likely they will lose their jobs, a decrease of nine percentage points from the previous month.
· Seventy-eight percent of workers believe there are fewer jobs available compared to 69 percent in May.
“We aren’t surprised by the drop in overall confidence in June’s report, as ongoing fluctuation in our Index is highly probable in the months to come,” explained Joan Van Donge, region vice president for Spherion. “Our California confidence levels remain on par with what we are seeing with the state’s unemployment landscape. However, it is important to note that June’s dip in overall confidence can be attributed primarily to worker’s concerns about the economy and job market, while their personal confidence levels experienced a fractional decline.”
|June 2009 Employment Report Results||California Workers||U.S. Workers|
|May||June||% Point Change||May||June||% Point Change|
|Job Availability||More Jobs||13%||3%||-10||8%||7%||-1|
|Ability to Find New Job||Confident||49%||43%||-6||42%||42%||0|
|Future of Current Employer||Confident||60%||62%||+2||63%||66%||+3|
|Likelihood to Lose Job||Likely||21%||21%||0||16%||16%||0|
|Likelihood to Look for New Job||Likely||40%||41%||+1||34%||35%||+1|
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 630 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 215,000 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