Why Worker Confidence Remains Strong

By Dennis McCafferty  |  Posted 10-14-2015 Email

Overall confidence among employees about their present and future remains impressively high, according to the most recent U.S. Employee Confidence Index (ECI) survey from Randstad US. A significant share of workers feel the economy is getting stronger, and a majority are confident in the future of their current employer. Meanwhile, CIOs may want to know that most professionals these days are confident in their ability to find a new job, and a growing number plan to look for a new one—so they need to find ways to keep them engaged and with the company. The findings follow other signs of encouraging economic news: More than 200,000 jobs have been added in 13 of the last 15 months, and the unemployment rate declined from 5.7% in January to 5.3% in June. "The decreased labor participation rate may raise some concerns," said Jim Link, chief HR officer of Randstad North America. "But it's important to note the largest source of nonparticipants was the group who transitioned from being employed to no longer being in the workforce, as opposed to those who were underemployed and stopped looking for work, also known as discouraged workers." As always, the index includes both gender and generational breakdowns, and we've included some of those here. More than 2,000 U.S. employees took part in the research, which was conducted by Harris Poll.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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