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N.Y. worker confidence falls

Worker confidence in New York declined in October, a Harris Interactive Inc. report for Spherion Corp. shows.

The New York Employment Report employee confidence index fell 3.5 points to 46.9 in October from 50.4 in September.

Some 19 percent of workers statewide last month said the economy was getting stronger, compared with 25 percent in September. Forty-six percent reported no change in the economy, little changed from 45 percent in September. Some 35 percent of workers said the economy was weakening, up from 31 percent the previous month.

Eight percent of workers statewide said there were more jobs available last month, compared with 7 percent in September. Some 74 percent said there were fewer jobs available, up from 65 percent the previous month.

Some 64 percent of workers said they were confident in the future of their current employer, compared with 61 percent in September. Seventeen percent said they were not confidence, compared with 18 percent in September.

Nine percent of respondents last month said it was likely they would lose their jobs, down from 15 percent in September, while 73 percent said it was unlikely they would lose their jobs, compared with 76 percent in September.

“New York’s workers are concerned about the overall economy and job availability,” said Linda Perneau, vice president of Spherion staffing services, in a statement. “Typically, we look to the end of the year to buoy the jobs outlook due to retailers adding jobs for the holidays, but we may not see as bright a market in that area as in previous years.

“We hope that this is just a hiccup in the recovery, and the numbers will rebound again as we move into the new year.”

Spherion’s monthly employment report is based on data collected online from nearly 175 workers in New York. The report measures job security, job transition and employee confidence.

(c) 2009 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail rbj@rbj.net.


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