Manufacturing Employees: On the Move
Over 40 percent report they will look for a new job in the next 12 months
ATLANTA, Aug. 27, 2013
ATLANTA, Aug. 27, 2013 /PRNewswire/ --The Randstad Manufacturing Employee
Confidence Index, a measure of overall confidence among manufacturing workers,
increased 0.9 points to 51.9 in the second quarter of 2013. In addition to the
increase in confidence levels, over four-in-10 (44%) manufacturing workers say
they are likely to look for a new job in the next 12 months, rising 18
percentage points from the previous quarter. Manufacturing came in with the
highest job transition index (those indicating an interest in job searching)
out of all industries examined by Randstad in the second quarter, which
includes IT, healthcare, engineering, office and administrative and finance
and accounting. The online survey was conducted by Harris Interactive on
behalf of Randstad during April, May and June, 2013, among 192 manufacturing
employees ages 18 and older.
The number of manufacturing workers who believe more jobs are available rose a
notable seven percentage points, increasing from 21 percent to 28 percent in
the second quarter. Yet, fewer employees are confident in the future of their
employers. In fact, this was the sole area where a decline (47% down from 53%)
among manufacturing employees occurred between the first and second quarters
"This quarter's report underscores that manufacturing workers have a real
sense of optimism about the number of career opportunities that exist today,"
said Phyllis Finley, Executive Vice President at Randstad US. "In fact,
figures this high have not been reported since well before the 2008 recession,
and we believe this increase has a direct correlation to employees' confidence
in theoverall economic recovery. Given this environment, employers need to
deploy targeted engagement strategies that keep talent from taking other
According to the National Association of Manufacturers, increases in
inventories, particularly farm inventories that had been depleted by drought,
drove job growth in the second quarter of the year.
Q2 2013 Survey Highlights:
More Manufacturing Workers Believe the Economy is Improving
oTwenty-nine percent of manufacturing workers believe the economy is
getting stronger, showing a slight uptick from the previous quarter's 28
percent. Additionally, the percentage of workers that say the economy is
getting weaker declined six percentage points from the first quarter of
2013, falling from 45 percent to 39 percent.
Percentage of Workers Likely to Job Search in Second Quarter Skyrockets
oNearly half (44%) of manufacturing workers say they are likely to look for
a job in the next 12 months, rising 18 percentage points from the previous
quarter. It is worth noting that the previous quarter's job transition
index was the lowest rating since 2005, at 26 percent.
Job Outlook Among Workers Brightens
oThe percentage of workers who believe more jobs are available rose seven
points, increasing from 21 percent to 28 percent in the second quarter.
Meanwhile, the percentage of manufacturing employees who believe fewer
jobs are available decreased five points, falling from 50 percent to 45
Job Confidence Among Workers Rises Slightly in the Second Quarter
oThe percentage of workers who are confident in their ability to find
employment rose slightly, increasing from 42 percent to 44 percent in the
second quarter. Meanwhile, the percentage of manufacturing employees who
say that they are not confident in their ability find a job rose two
percentage points to 27 percent this quarter.
Optimism in Future of Employers Declines
oThe percentage of workers who are confident in the future of their
employers fell to 47 percent, a drop of six percentage points from the
previous quarter's readings.
This survey was conducted online within the United States by Harris
Interactive on behalf of Randstad from April 1-3, May 7-9 and June 4-6, 2013
among 3,626 adults ages 18 and older, of which 192 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
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Learn more at www.randstadstaffing.com and access Randstad's panoramic U.S.
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