Manufacturing Employee Confidence Index Increases for Third Consecutive
ATLANTA, Feb. 27, 2013
ATLANTA, Feb. 27, 2013 /PRNewswire/ --The Randstad Manufacturing Employee
Confidence Index, a measure of overall confidence among manufacturing workers,
climbed 3.7 points to 54.6 in the fourth quarter of 2012—its highest point
since the first quarter of 2007. The online survey of 152 U.S. manufacturing
workers was conducted by Harris Interactive on behalf of Randstad in October,
November and December of 2012.
"Companies are starting to invest again and in turn, job creation is
following," said Phyllis Finley, executive vice president at Randstad US.
"Some of the sectors that have been hiring heavily include automotive, supply
chain and advanced manufacturing. Technical and skilled employees within the
manufacturing sector are also in high demand."
According to the closely watched Purchasing Managers Index released by the
Institute for Supply Management (ISM), the January Index registered at 53.1
percent, an increase of 2.9 percentage points when compared to December's
seasonally adjusted reading of 50.2 percent. This indicates growth for the
44th consecutive month in the overall economy, and indicates expansion in the
manufacturing sector for the second consecutive month, the ISM reports.
In addition, the ISM's Employment Index registered at 54 percent in January,
which is 2.1 percentage points higher than the seasonally adjusted 51.9
percent reported in December, and indicates growth in employment for the 40th
consecutive month. The growing job market for manufacturing workers is
reflected in the overall positive outlook among workers.
Q4, 2012 Survey Highlights:
Manufacturing Worker Confidence in Economy Is Showing Signs of Improvement
oTwenty-eight percent of manufacturing workers believe the economy is
getting stronger, rising six percentage points from the previous quarter.
Meanwhile, only a third (33 percent) of workers say the economy is getting
weaker, falling four percentage points from the previous quarter's
Job Outlook is Improving Among Manufacturing Workers
oCompared to third quarter's readings, the number of workers who believe
fewer jobs are available decreased from 55 percent to 48 percent.
Meanwhile, a growing number of manufacturing employees think job
availability is improving, rising to 22 percent from 13 percent reported
in the third quarter.
Job Confidence Among Workers Dipped Slightly in the Fourth Quarter
oAlthough the number of workers who are confident in their ability to find
employment contracted slightly in the fourth quarter, falling from 48
percent to 45 percent in the fourth quarter, the number of workers not
confident in their ability to find jobs fell sharply from 31 percent to 19
Optimism in Future of Employers Declines in Fourth Quarter
oThe percentage of workers confident in the future of their employers fell
to 59 percent, dropping five percentage points from the previous quarter's
Over a Third of Workers Still Likely to Job Search in Fourth Quarter
oThirty-seven percent of manufacturing workers say they are likely to look
for a job in the next 12 months, dropping two percentage points from the
To view the latest quarterly trends report, click here.
This survey was conducted online within the United States by Harris
Interactive on behalf of Randstad from October 8-10, November 12-14 and
December 11-13, 2012 among 4,738 adults ages 18 and older, of which 152 are
employed in manufacturing. 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 email@example.com.
Randstad is a $22.0 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
29,300 corporate employees and around 4,500 branches and inhouse locations in
39 countries around the world. Founded in 1960 and headquartered in Diemen,
the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam.
Learn more at www.randstad.com and access Randstad's panoramic US thought
leadership knowledge center through its Workforce360 site that offers valuable
insight into the latest economic indicators and HR trends shaping the world of
Contact: Rebecca Holton, +1-404-870-6834, firstname.lastname@example.org; or
Lesly Cardec, +1-954-308-6302, email@example.com
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