This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Administrative & Clerical Worker Confidence Virtually Unchanged; Index Level Lowest Among All Industries Tracked By Randstad

Stocks in this article: RAND

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.

Majority of Administrative Workers Believe Fewer Jobs are Available

  • 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.

Administrative Workers Evenly Split on their Confidence to Find Jobs

  • 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.

High Number of Administrative Workers Feel Confident in their Employers' Future

  • 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.

Nearly One-Third of Administrative Workers Likely to Job Search

  • 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.

Survey MethodologyThis survey was conducted online within the United States by Harris Interactive on behalf of Randstad from July 10-12, August 14-16 and September 11-13, 2012, among 3,960 adults ages 18 and older of which 423 are employed in administrative and clerical positions. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact lesly.cardec@randstadusa.com.

About Randstad Randstad is a $22.5 billion global provider of HR services and the second largest staffing organization in the world. From temporary staffing to permanent placement to inhouse, professionals, search & selection, and HR Solutions, Randstad holds top positions around the world and has approximately 28,700 corporate employees working from its nearly 4,700 branches and inhouse locations in 40 countries. Founded in 1960 and headquartered in Diemen, the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam.

Learn more at http://www.randstadstaffing.com.      

SOURCE Randstad

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • 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 Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs