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U.S. workers' job concerns decline
December 3, 2004
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Fort Lauderdale, Fla. --With more than half a million jobs created in the last three months, American workers are slightly more confident in the outlook on the job market and economy, according to a recent survey of 2,977 U.S. employed adults by Spherion Corporation. The monthly Spherion Employment Report, conducted by Harris Interactive, shows that 61 percent of adult workers in the United States believe the economy is strengthening or staying the same, up two percentage points from last month, and 54 percent believe that more jobs or the same number of jobs are available, up from 52 percent in October.

"In our first poll since the election, we are pleased to see that U.S. workers remain quite confident in their own employment situation and that fewer workers have a negative outlook on the economy and job market," says Roy Krause, Spherion President and Chief Executive Officer. "Although we saw only a small uptick in workers' optimism about the macroeconomic situation, the fact that the indicators trend more positive in November may mean that we are at the beginning of an attitude shift amongst American workers. If personal confidence remains high and confidence in the economy and job market continues to rise, employers must keep a close eye on the job transition index, as workers may be more apt to make a job change. The combination of a strong job market and a desire for job change could create serious turnover issues for employers that have not focused on retaining their workforce during the past few years."

Results of the survey:

  • 77 percent of U.S. adult workers feel it is unlikely that their jobs will be eliminated in the next 12 months given the       current state of the economy and their employer, decreasing one percentage point from October;
  • 37 percent of working adults in the U.S. are likely to look for a new job in the next 12 months, compared to 36 percent        last month;
  • 54 percent of U.S. adult workers believe that more jobs or the same number of jobs are available, up from 52 percent in    October;
  • 61 percent of U.S. adult workers believe the economy is getting stronger or staying the same, a two percentage point    increase from last month;
  • 66 percent of adult workers in the U.S. feel confident in the future of their employer, up one percentage point from      October; and
  • 55 percent of adult workers in the U.S. have confidence in their own ability to find a new job, compared to 56 percent in October.
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