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Employee confidence dips in July, report shows
Employee confidence dips in July, report shows
Worker confidence in New York fell slightly in July, after reaching its highest point this year in June, a Harris Interactive Inc. report for Spherion Corp. shows.
The New York Employment Report employee confidence index decreased to 46.7 last month from 47.8 in June.
Some 16 percent of workers statewide said the economy was getting stronger, down from 21 percent in June. Forty-seven percent reported no change in the economy, compared with 45 percent in June, while 37 percent of workers statewide said the economy was weakening, up from one-third in June.
Some 5 percent of respondents reported more jobs last month, compared with 11 percent in June. Three-quarters of workers statewide said there were fewer jobs available in July, up from 64 percent in June.
Some 67 percent of respondents said they were confident in the future of their employers, compared with 64 percent in June. Fourteen percent of workers statewide said they were not confident in the future of their employers, down from 20 percent in June.
Some 14 percent of workers said it was likely they would lose their jobs last month, down from 20 percent in June, while 76 percent said it was unlikely they would lose their jobs, up from 71 percent in June.
“Although the New York Employee Confidence Index decreased a little more than a point, we are still very encouraged by workers’ confidence levels across the state,†said Linda Perneau, vice president of Spherion staffing services, in a statement. “Despite the fact that more workers have concerns about the number of opportunities available, it is still very telling that fewer workers are concerned about losing their jobs, which may be further evidence that the recession is subsiding somewhat and companies are beginning to level off in terms of layoffs and job losses.â€
Spherion’s monthly employment report is based on data collected online from more than 220 workers in New York. The report measures job security, job transition and employee confidence.
(c) 2009 Rochester Business Journal. Obtain permission to reprint this article.
