New York Employment Report: Overall Employee Confidence Declines Due To Concerns...

New York Employment Report: Overall Employee Confidence Declines Due To
Concerns About Job Availability and Employer's Future

NEW YORK, June 19 /PRNewswire/ -- The New York Employee Confidence Index
decreased 1.4 points to 45.9 in May, according to the latest Spherion(R)
Employment Report. The monthly survey of New York workers, conducted by
Harris Interactive(R) on behalf of Spherion Corporation, shows that more
workers are concerned about the amount of jobs available and lack confidence
in the future of their current employer.
Results from the New York Employment Report:
-- Continuing the trend seen in April, more workers are concerned about
the number of jobs available, with 58 percent reporting they believe fewer
jobs exist, an increase of seven percentage points.
-- Although more workers (11 percent) believe the economy is getting
stronger, a nine percent increase from April, two-thirds of workers (66
percent) still feel that the economy weakening.
-- Fifty-six percent of workers are confident in the future of their
current employer, a 16-percentage-point decline from April.
"Although employees' overall confidence declined this month, the level is
much higher than what we saw just two months ago. This shows that workers are
not panicking about the current situation, but are leery about the job market
due to economic concerns nationally," said Linda Perneau, vice president of
Spherion Staffing Services. "While it's true that we did lose some jobs this
past month in manufacturing and financial services, other industries such as
education, health care and hospitality are still strong."
Link to full Report & Methodology:
http://spherion.mediaroom.com/pressroom/index.php?s=43&item=599

About Spherion
Spherion Corporation is a leading recruiting and staffing company that
provides integrated solutions to meet the evolving needs of companies and job
candidates. As an industry pioneer for more than 60 years, Spherion has
sourced, screened and placed millions of individuals in temporary,
temp-to-hire and full-time jobs.
With approximately 700 locations in the United States and Canada, Spherion
delivers innovative workforce solutions that improve business performance.
Spherion provides its services to more than 8,000 customers, from Fortune 500
companies to a wide range of small and mid-size organizations. Employing more
than 300,000 people annually through its network, Spherion is one of North
America's largest employers. Spherion operates under the following brands:
Spherion Staffing Services Group for administrative, clerical and light
industrial workers; Technisource for technology professionals and solutions;
The Mergis Group for accounting and finance and other professional positions;
Todays Staffing for specialty administrative personnel; and Spherion
Recruitment Process Outsourcing. To learn more, visit http://www.spherion.com/
SOURCE Spherion Corporation

Lesly Baer of Spherion Corporation, +1-800-422-3819, leslybaer@spherion.com