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IT workers' confidence rises

October 24, 2008

Information technology worker confidence rose in the third quarter, according to the IT employee confidence index released by Technisource, a division of Spherion Corp. (NYSE: SFN). The gauge increased 1.5 points to a reading of 47.4 for the third quarter.

"Our survey this quarter does not capture the full impact of what the recent fallout of the financial sector means for IT just yet and I don't expect to see the full effects until the fourth quarter results are released," said Michael Winwood, president of Technisource. "For the most part, our clients remain cautiously optimistic, while IT pros have to wear multiple hats as organizations consolidate functions."