This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Randstad U.S. Employment Report: Worker Confidence On The Rise

NEW YORK, Nov. 4, 2011 /PRNewswire/ -- The Randstad Employee Confidence Index increased by 0.8 points to 45.6 in October. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, shows that slightly fewer workers believe the economy is getting weaker and more believe that the number of jobs available increased.  

"Worker confidence in the economy and in the job market continues its sluggish climb back to higher levels this month," says Joanie Ruge, senior vice president and chief employment analyst of Randstad Holding U.S. "Results from our Employee Confidence Index mirror the Thomson Reuters/ University of Michigan consumer sentiment survey, which showed improvement for the second month in a row. It appears that many businesses and consumers alike are feeling uncertain in terms of a recovery in the near term due to mixed economic signals. While we anticipate modest growth for the remainder of this year, we are optimistic that we will see healthier hiring activity in 2012—albeit slow-moving. This is particularly beneficial for the temporary staffing sector as many companies rely on these services to maintain a flexible headcount, and to locate hard-to-find skill sets in the recovery process. We are also seeing growth in permanent placement positions and expect this trend to continue heading into the New Year."  

The online survey was conducted by Harris Interactive on behalf of Randstad. It surveyed 1,219 employed U.S. adults, aged 18 and over between October 10 and 12, 2011.

A Look Inside the Report:

Confidence in Overall Situation:

The Randstad Employee Confidence Index increased by 0.8 points to 45.6 in October. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, shows that slightly fewer workers believe the economy is getting weaker and more believe that the number of jobs increased.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs