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US - Randstad: Employee confidence slips amid shutdown, debt ceiling

November 04 2013

The Randstad U.S. employee confidence index fell 4.2 points to a reading of 51.5 in October as workers reported lower confidence in the economy and the job market. However, workers were more confident in their employers. The index measures workers’ confidence in their personal employment situation and optimism about the economic environment.

“Given the government shutdown and the fight over the debt ceiling, it comes as no surprise that employee confidence is being affected,” said Jim Link, Randstad’s chief HR officer, North America. “However, what we did find interesting was the increase in personal confidence, specifically in workers’ outlook on the future of their employer.”

While 49 percent of employees surveyed think the economy is getting weaker, 71 percent feel secure in their current jobs. Only 19 percent of employees surveyed think more jobs are available.

The study, conducted online by Harris Interactive, surveyed 1,032 U.S. workers between Oct.8 and Oct. 10, 2013.

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