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DALLAS, Texas, December 18, 2009 – The Texas Employee Confidence Index jumped 3.2 points to 54.5 in November, according to the latest Spherion® Employment Report. The monthly survey of Texas workers, conducted by Harris Interactive® on behalf of Spherion Corporation, indicates that more workers are optimistic about the strength of the economy and fewer workers believe there are fewer jobs available—both signs of increasing confidence.
Results from the Texas Employment Report:
- More workers believe the economy is getting stronger, with nearly one-third (31 percent) reporting that they believe so. This represents a 10 percentage-point increase from October.
- More than half (52 percent) of workers believe there are fewer jobs available, representing a nine percentage point decrease from the previous month.
- Fewer workers are likely to look for a new job in the next 12 months, with slightly more than a quarter (28 percent) reporting a likelihood of doing so. This is a seven percentage point decrease from October.
“It is highly encouraging to see our Employee Confidence Index approach its highest level since March 2008,” said Kim Lockhart, regional vice president for Spherion in Texas. “Although Texas seems to fare better than most of the country, we are in no means out of the woods yet. Workers and employers alike are going to have to see sustainable good news to keep this momentum going. Employers are still in a wait-and-see approach, however, we are starting to have conversations about gearing up for the eventual turnaround.”
| November 2009 Employment Report Results | Texas Workers | U.S. Workers | |||||
| Oct | Nov | % Point Change | Oct | Nov | % Point Change | ||
| Economy | Getting Stronger | 21% | 31% | +10 | 23% | 23% | 0 |
| Staying Same | 42% | 40% | -2 | 41% | 41% | 0 | |
| Getting Weaker | 37% | 29% | -8 | 35% | 35% | 0 | |
| Job Availability | More Jobs | 14% | 12% | -2 | 8% | 9% | +1 |
| Same Amount | 26% | 35% | +9 | 22% | 23% | +1 | |
| Fewer Jobs | 61% | 52% | -9 | 70% | 68% | -2 | |
| Ability to Find New Job | Confident | 43% | 42% | -3 | 38% | 39% | +1 |
| Neutral | 31% | 37% | +6 | 34% | 34% | 0 | |
| Not Confident | 26% | 20% | -6 | 28% | 27% | -1 | |
| Future of Current Employer | Confident | 67% | 64% | -3 | 64% | 65% | +1 |
| Neutral | 23% | 24% | +1 | 24% | 22% | -2 | |
| Not Confident | 11% | 12% | +1 | 12% | 13% | +1 | |
| Likelihood to Lose Job | Likely | 10% | 13% | +3 | 14% | 17% | +3 |
| Neutral | 14% | 15% | +1 | 15% | 13% | -2 | |
| Not Likely | 76% | 72% | -4 | 71% | 70% | -1 | |
| Likelihood to Look for New Job | Likely | 35% | 28% | -7 | 32% | 37% | +5 |
| Neutral | 11% | 19% | +8 | 13% | 11% | -2 | |
| Not Likely | 55% | 52% | -3 | 55% | 51% | -4 | |
About the Spherion Employment Report
About Spherion Staffing Services
Spherion Staffing Services is a leading recruiting and staffing provider that specializes in placing administrative, clerical, customer service and light industrial candidates in temporary and full-time opportunities. As an industry pioneer for more than 60 years, Spherion Staffing Services has sourced, screened and placed millions of individuals in a multitude of industries throughout our network of offices across the United States and Canada.
Spherion Staffing Services is a division 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.spherion.com.
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