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FORT LAUDERDALE, Fla., October 27, 2009 — The IT Employee Confidence Index increased 4.4 points to 50.2 in the third quarter of 2009, according to a recent survey commissioned by Technisource®, the technology placement division of Spherion Corporation (NYSE:SFN). The survey, conducted by Harris Interactive®, reveals increased confidence among IT workers, as more technology professionals reveal confidence in the economy and job market. Additionally, 40 percent of workers are likely to look for a new job in the next 12 months (compared to 37 percent in the second quarter of 2009).
Results from the IT Employment Report:
- Despite nearly one-third of technology workers (31 percent) believing the economy is getting weaker (compared to 48 percent in the second quarter of 2009), more workers are likely to search for a new job in the next year (40 percent versus 37 percent in the second quarter).
- Fewer IT workers are confident in the future of their current employers. Specifically, 57 percent say they are confident versus 64 percent in the previous quarter.
- Sixty-three percent of workers believe there are fewer jobs available opposed to 73 percent in the second quarter of 2009.
“We are pleased to see that our latest IT Employee Confidence Index registered at its highest level since the fourth quarter of 2007,” said Michael Winwood, president of Technisource. “Our latest report shows a renewed sense of confidence in the strength of the economy — which can likely be attributed to job losses slowing across the United States over the last few months, as well as other economic indicators registering at more positive levels. Additionally, the information technology sector in general seems to be faring relatively better than most. Despite the fact that many markets are flooded with people looking for work, many IT organizations are still having a hard time finding highly skilled talent. We are advising our clients that talent management should continue to be a high priority, even during lean economic times. Organizations that lose this focus will face challenges as turnover increases at the first signs of a sustained recovery. We are at a critical point in the economy where workforce investment can become a key differentiator to achieving longer term growth and success.”
| 3Q 2009 Employment Report Results: Information Technology | IT Workers | U.S. Workers | |||||
| 2Q 2009 | 3Q 2009 | % Point Change | 2Q 2009 | 3Q 2009 | % Point Change | ||
| Economy | Getting Stronger | 19% | 31% | +12 | 19% | 22% | +3 |
| Staying Same | 33% | 38% | +5 | 40% | 41% | +1 | |
| Getting Weaker | 48% | 31% | -17 | 41% | 37% | -4 | |
| Job Availability | More Jobs | 6% | 10% | +4 | 6% | 7% | +1 |
| Same Amount | 22% | 27% | +5 | 21% | 23% | +2 | |
| Fewer Jobs | 73% | 63% | -10 | 73% | 70% | -3 | |
| Ability to Find New Job | Confident | 40% | 37% | -3 | 41% | 39% | -2 |
| Neutral | 32% | 36% | +4 | 33% | 35% | +2 | |
| Not Confident | 28% | 27% | -1 | 26% | 25% | -1 | |
| Future of Current Employer | Confident | 64% | 57% | -7 | 64% | 64% | 0 |
| Neutral | 23% | 29% | +6 | 23% | 24% | +1 | |
| Not Confident | 13% | 13% | 0 | 13% | 12% | -1 | |
| Likelihood to Lose Job | Likely | 22% | 22% | 0 | 17% | 16% | -1 |
| Neutral | 15% | 14% | -1 | 13% | 13% | 0 | |
| Not Likely | 62% | 64% | +2 | 70% | 71% | +1 | |
| Likelihood to Look for New Job | Likely | 37% | 40% | +3 | 34% | 35% | +1 |
| Neutral | 18% | 15% | -3 | 12% | 12% | 0 | |
| Not Likely | 45% | 45% | 0 | 54% | 53% | -1 | |
About Technisource
Technisource, one of the largest technology services providers in North America, delivers a wide range of staffing, management services and technology solutions. With nearly 40 years of experience, Technisource provides services to a broad range of clients to maximize their technology investments. Focused on quality, flexibility and value, the company’s service offerings range from IT staffing, deployment and support services to software quality management, strategic projects and outsourcing.
Through its network of more than 48 offices across the U.S., Technisource maintains a group of 8,000 experienced consultants and employees that deliver its portfolio of service offerings to Fortune 500 corporations, mid-sized companies and small organizations. Technisource is a subsidiary of Spherion Corporation (NYSE:SFN), which operates a family of specialty brands providing strategic workplace solutions in professional recruiting, outsourcing, managed services and contractor compliance programs, technology services and general staffing. For more information, please visit www.technisource.com.
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