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N.Y. worker confidence rebounds

Worker confidence in New York rebounded in April from a record low in March, a Harris Interactive Inc. report for Spherion Corp. shows.
The New York Employment Report employee confidence index increased to 47.3 last month from 39.4 in March, but was down from 53.8 a year ago.
Some 2 percent of workers statewide said the economy was strengthening in April, unchanged from March. Twenty-two percent reported no change in the economy, compared with 16 percent the previous month. Some 76 percent of workers said the economy was weakening, down from 81 percent in March.
Job availability improved last month, with 17 percent of workers statewide reporting more jobs, up from 6 percent in March. Some 32 percent reported no change in job availability, compared with 27 percent in March, while 51 percent said there were fewer jobs last month, down from 67 percent in March.
Some 72 percent of workers reported confidence in the future of their current employer, up from 59 percent in March. Nine percent said they were not confident in their employer’s future, compared with 19 percent in March.
Nine percent of workers statewide said it was likely they would lose their job last month, compared with 10 percent in March. Some 83 percent reported it was unlikely they would lose their jobs, compared with 82 percent in March.
“It is reassuring to see workers’ confidence levels bounce back after the previous month’s report. Clearly they are feeling encouraged by their current job situation and employer,” said Linda Perneau, vice president of Spherion staffing services, in a statement. “Although the majority of workers in our survey report that they are not likely to look for a new job, those who are will continue to find opportunities, particularly in the insurance, technology, finance and administrative sectors.”
Spherion’s monthly employment report is based on data collected online from nearly 200 workers in New York. The report measures job security, job transition and employee confidence.

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