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IT workers' confidence hits new low

April 24, 2009

Information technology workers' confidence fell in the first quarter, according to the IT employee confidence index released by Technisource, a division of Spherion Corp. (NYSE: SFN). The gauge fell to a reading of 39.7 in the first quarter, the lowest reading since tracking began in the fourth quarter of 2005. Readings above 50 indicate a positive confidence level.

The index's survey found that 58% of IT workers are confident in the future of their current employer, down from 67% in the fourth quarter.