Employee Confidence Rebounds in Month Following Shutdown
NEW YORK, Dec. 3, 2013
NEW YORK, Dec. 3, 2013 /PRNewswire/ --American employees' confidence in the
workplace was restored after a decline following the government shutdown in
October, according to the Randstad Employee Index. The monthly tracker - which
measures outlook on jobs, the economy, and careers prospects - rose three
points during November to 54.5. The Randstadstudy was conducted online by
Harris Interactive on behalf of Randstad and included 977 employed U.S. adults
ages 18 and older.
Employees also reported higher levels of confidence in the economy and job
market. The number of workers indicating the strength of the economy has
improved increased by eight percentage points in November.
The government shutdown had a minimal impact on the job market," said Jim
Link, Chief HR Officer, Randstad North America. "Despite the recent
macroeconomic events, we remain encouraged by high levels of worker confidence
when it comes to their outlook on the strength of the economy and availability
Link added, "More encouraging is the better than expected surge in retail
sales posted in October. Economists are predicting retail hiring to
potentially surpass last year's figures—which would be a nice boost in the
road to economic recovery."
Randstad, the second largest staffing and HR services firm in the world, has
been tracking workforce trends and publishing the U.S. Employee Confidence
Index since 2004.
Employee Confidence Index
Employee Macro Personal Transition Security
MONTH Confidence Confidence Confidence Index Index
Nov-13 54.5 41.2 67.8 34 69
Oct-13 51.5 34.8 68.3 37 71
Sep-13 55.7 44.7 66.7 36 76
Aug-13 58 47.3 68.7 32 74
Jul-13 56.3 44.3 68.3 36 72
Jun-13 56.8 46.5 67.1 36 72
May-13 54.8 42.6 67.1 37 69
Apr-13 57 46.8 67.2 35 69
Mar-13 53.9 40.1 67.8 33 73
Feb-13 53.5 42.9 64.1 37 72
Jan-13 52.1 38.3 65.8 33 72
About Randstad US
Randstad US is a wholly owned subsidiary of Randstad Holding nv, a $22.0
billion global provider of HR services. As the third largest staffing
organization in the U.S., Randstad holds top positions in permanent placement,
office and administrative, IT and accounting and finance. From professional
services, commercial staffing, recruitment process outsourcing, to managed
services and more, Randstad delivers a comprehensive range of temporary,
temporary-to-hire, permanent placement and outsourced placement services. With
its 5,660 employment experts, Randstad puts an average of nearly 100,000
people to work in the U.S. each week, through its network of more than 900
branches and client-dedicated locations.
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
This 2013 Randstad Employment Tracker was conducted online within the United
States by Harris Interactive on behalf of Randstad between November 6-8, 2013
among a U.S. sample of 977 employed adults, aged 18 years and older. Results
were weighted as needed for age, sex, race/ethnicity, income, education, and
region. Propensity score weighting was also used to adjust for respondents'
propensity to be online.
All sample surveys and polls, whether or not they use probability sampling,
are subject to multiple sources of error which are most often not possible to
quantify or estimate, including sampling error, coverage error, error
associated with nonresponse, error associated with question wording and
response options, and post-survey weighting and adjustments. Therefore, Harris
Interactive avoids the words "margin of error" as they are misleading. All
that can be calculated are different possible sampling errors with different
probabilities for pure, unweighted, random samples with 100% response rates.
These are only theoretical because no published polls come close to this
Respondents for this survey were selected from among those who have agreed to
participate in Harris Interactive surveys. The data have been weighted to
reflect the composition of the U.S. adult population. Because the sample is
based on those who agreed to be invited to participate in the Harris
Interactive online research panel, no estimates of theoretical sampling error
can be calculated.
About Harris Interactive
Harris Interactive is one of the world's leading market research firms,
leveraging research, technology, and business acumen to transform relevant
insight into actionable foresight. Known widely for The Harris Poll®, Harris
offers proprietary solutions in the areas of market and customer insight,
corporate brand and reputation strategy, and marketing, advertising, public
relations and communications research across a wide range of industries.
Additionally, Harris has a portfolio of multi-client offerings that complement
our custom solutions while maximizing a client's research investment. Serving
clients worldwide through our North American and European offices, Harris
specializes in delivering research solutions that help our clients stay ahead
of what's next. For more information, please visit www.harrisinteractive.com.
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