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The outlook among American workers continues to improve, according to Randstad’s U.S. employee confidence index. The index rose 1.5 points in January to a reading of 56.7, a five-month high since last August’s reading of 58.0.
The index measures workers’ confidence in their personal employment situation and optimism about the economic environment.
“Worker confidence appears to be gaining momentum as we head into the New Year, which mirrors other U.S. confidence measures recently published,” said Jim Link, chief HR officer, Randstad North America. “This consistent rise seen in our index may be attributed to several macroeconomic factors, including a decrease in the unemployment rate, as well as gains in the stock and housing market. In fact, almost one-third of American workers are positive about our economic outlook, a significant uptick from the 20 percent reading during the October government shutdown.”
The index is based on a survey of 1,071 employed U.S. adults conducted between Jan. 6 and Jan. 8.