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COLUMBUS, Ohio, July 17, 2009 — The Ohio Employee Confidence Index decreased slightly by 1.8 points to 45.6 in June, according to the latest Spherion® Employment Report. The monthly survey conducted by Harris Interactive® on behalf of Spherion Corporation (NYSE:SFN), reports renewed fears about the strength of the economy, and more employees are pessimistic about job availability.
Results from the Ohio Employment Report:
- More workers (44 percent) believe the economy is getting weaker, an increase of 14 percentage points from May.
- Eighty-two percent of workers believe fewer jobs are available, a nine-percentage-point increase from the previous month.
- More workers (41 percent) are confident in their ability to find a new job, an increase of five percentage points from May.
| June 2009 Employment Report Results | Ohio Workers | U.S. Workers | |||||
| May | June | % Point Change | May | June | % Point Change | ||
| Economy | Getting Stronger | 16% | 16% | 0 | 20% | 20% | 0 |
| Staying Same | 54% | 40% | -14 | 42% | 40% | -2 | |
| Getting Weaker | 30% | 44% | +14 | 38% | 40% | +2 | |
| Job Availability | More Jobs | 9% | 5% | -4 | 8% | 7% | -1 |
| Same Amount | 19% | 12% | -7 | 21% | 21% | 0 | |
| Fewer Jobs | 73% | 82% | +9 | 71% | 72% | +1 | |
| Ability to Find New Job | Confident | 36% | 41% | +5 | 42% | 42% | 0 |
| Neutral | 39% | 37% | -2 | 34% | 32% | -2 | |
| Not Confident | 24% | 21% | -3 | 24% | 27% | +3 | |
| Future of Current Employer | Confident | 58% | 62% | +4 | 63% | 66% | +3 |
| Neutral | 30% | 25% | -5 | 25% | 23% | -2 | |
| Not Confident | 12% | 13% | +1 | 13% | 12% | -1 | |
| Likelihood to Lose Job | Likely | 19% | 18% | -1 | 16% | 16% | 0 |
| Neutral | 14% | 14% | 0 | 13% | 13% | 0 | |
| Not Likely | 67% | 68% | +1 | 71% | 71% | 0 | |
| Likelihood to Look for New Job | Likely | 40% | 30% | -10 | 34% | 35% | +1 |
| Neutral | 17% | 15% | -2 | 12% | 11% | -1 | |
| Not Likely | 43% | 55% | +12 | 53% | 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 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
“Although overall confidence dipped some in June, we are still seeing more workers express optimism in their ability to find a new job, despite an increase in those believing fewer jobs are available,” said Robert Schulte, Spherion franchise owner in Ohio. “While it is certainly encouraging to see an uptick in personal confidence, it is still necessary to note that the job market in Ohio remains a bit shaken by several consecutive months of state and national job loss. We remain cautious on using this indicator as a forecasting tool, however it is nice to see signs starting to point in the right direction.”
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