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New York Employee Confidence Index Increases 7.5 Points
added: 2006-11-22

The New York Employee Confidence Index increased 7.5 points to 60.4 in October as more workers reported optimism in the economy and their personal employment prospects, according to the Spherion(R) Employment Report, a monthly survey conducted by Harris Interactive(R) on behalf of Spherion Corporation.

Results from the New York Employment Report:

-Workers reporting optimism in the strength of the economy and job availability rose by nine percentage points. Specifically, 22 percent said that the economy was getting stronger and 29 percent believe that more jobs are available.

-Sixty-five percent of workers reported confidence in their ability to find a new job, an increase of six percentage points from September.

-The percentage of workers indicating that it is likely that they will look for a new job increased 13 percentage points to 42 percent in October.

"We are seeing an extremely robust job market in New York. As companies enter the fourth quarter of their fiscal year, there are no clear indications that the market activity is going to slow down in 2007," said John Gramer, New York regional managing director of Spherion Professional Services. "The need for strong accounting and finance talent, especially those with controls and securities experience is at an all-time high. Corporations have also begun to pay more of a premium to top-notch talent, which explains why so many workers are expressing confidence and entertaining new employment opportunities."

Link to full Report & Methodology: http://www.spherion.com/press/employment_report/NY_employment_report_10-06.jsp



Source: PR Newswire

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