Daily News

View All News

SFN Group employee confidence index dips

March 05, 2010

The SFN Group Inc. (NYSE: SFN) employee confidence index fell 1.2 points in February to a reading of 48.9. Workers were less confident in the strength of the economy and job availability, but were more optimistic about their job security.

"Although our report shows a decline in overall confidence from the previous month, it is still 6.2 points higher than the low point of 40.1 it registered at one year ago," said President and CEO Roy Krause.

In February, 23% of workers said they believe the economy was getting stronger, down five percentage points from January, according to the index's survey. And 67% said they believed fewer jobs were available in February, up five percentage points from January.

However, 70% of workers said they were unlikely to lose their jobs in the next year, down three percentage points from January.

The index's survey questioned 1,286 employed adults in the U.S.