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Spherion worker confidence index falls

October 08 2007

Spherion Corp.'s (NYSE: SFN) employee confidence index fell 1.8 points to 56.7 in September, its lowest level this year, according to the company.

The number of U.S. workers confident in the future of their current employer fell three percentage points to 64% in September. Those confident in their own ability to find a job fell four percentage points to 58% in September. And those seeking new jobs fell to 33% from 37% in August.

"Our confidence index indicates that concerns bred by recent reports of economic uncertainty and slower job growth certainly grew stronger in September," said President and CEO Roy Krause. "Interestingly, we saw workers' personal confidence decline most significantly over the month, which shows that these macroeconomic concerns are starting to affect how some workers feel about their own prospects."

The survey questioned 2,897 working adults.

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