ATLANTA, Dec. 12, 2012 /PRNewswire/ -- The Randstad Administrative Employee Confidence Index, a measure of overall confidence among U.S. administrative and clerical workers, although virtually unchanged, dropped for the second consecutive quarter to 47.8—the lowest confidence level among all industries tracked by Randstad, including accounting and finance, technology, manufacturing, healthcare and engineering.
"For the most part, administrative and clerical workers feel the same in terms of their confidence in the economy, job market, and their personal employment situation when compared to the second quarter," said Phyllis Finley, executive vice president at Randstad US.
The Index dropped 0.3 points from the previous quarter's reading, according to a recent online survey of 423 administrative workers conducted by Harris Interactive on behalf of Randstad.
"Although the majority of workers in the administrative and clerical function believe fewer jobs are available, a third of them are also stating they are confident in their ability to find one," said Finley. "In fact, the November Bureau of Labor Statistics employment situation report showed an increase of 22,300 new jobs in the administrative and support services sector. Also, when you look at year-over-year trends in our own confidence report, overall sentiment is up by 6.2 points from this time last year. What this tells us is that this incremental drop in overall confidence should not be considered a trend just yet."Q3, 2012 Survey Highlights: Over Forty Percent of Administrative Workers Believe Economy is Weakening
- Forty-two percent of administrative and clerical workers believe the strength of the economy is weakening, while 20 percent say the economy is strengthening. More than one-third (37 percent) say the strength of the economy is staying the same.
- Only 16 percent of administrative workers in the third quarter believe more jobs are available, while a little more than half (56 percent) believe there are fewer opportunities available.
- When asked how optimistic they are in their ability to find employment, one-third of administrative workers indicate that they are confident they could find a job. Another 35 percent are neutral on the subject, while 32 percent say they are not confident in their ability to find a job.
- Nearly six-in-ten administrative workers (58 percent) feel confident in the future of their current employer, with only 15 percent feeling not confident in the future of their company.
- Thirty percent of administrative workers say they are likely to look for a new job in the next 12 months. Fifty-three percent say they are not likely to do so.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV