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Employee Confidence Index Rises 2.3 Points in January 2009

added: 09-02-2009

The Spherion Employee Confidence Index increased 2.3 points to 42.7 in January from last month's survey low of 40.4. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, reveals that more workers are confident in their ability to find a new job. In addition, more workers (34 percent) reported that they are likely to look for a job in the next twelve months, up one percentage point from December.

US Employment Situation in January 2009

added: 09-02-2009

Nonfarm payroll employment fell sharply in January (-598,000) and the unemployment rate rose from 7.2 to 7.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Payroll employment has declined by 3.6 million since the start of the recession in December 2007; about one-half of this decline occurred in the past 3 months. In January, job losses were large and widespread across nearly all major industry sectors.

“Why Do Consumers Stay with Their Current Bank?” - The Answer Might Surprise You

added: 09-02-2009

In the financial industry’s current environment of economic challenges, mergers, and credit deficiencies, you would probably expect consumers to have strong feelings about the importance of their institution’s security and stability. However, according to a recent study by Informa Research Services, Inc., that is not the case.

Despite Recession, Many Consumers Are Spending $100 and Up This Valentine’s Day

added: 08-02-2009

The only thing worse than "buyer’s remorse", is "gift-giver’s remorse". And this Valentine’s Day is especially tricky as romantics balance their need to be budget conscious with finding a thoughtful gift their partner will love. To help address this challenge, Buzzillions.com is sharing the results of a new survey of online shoppers – and Buzzillions.com users - that highlights how much people are planning to spend, and more importantly, the most desired gifts by both sexes.

Online Job Searches Get a Raise

added: 08-02-2009

As more layoffs force workers to clean out their desks for good, the online content site category growing fastest is job search.

Getting Financially Fit Tops 2009 Priorities

added: 08-02-2009

This year, 84 percent of consumers view making a change to their personal finances as a priority. The findings of a recent survey, released by Citibank, found that many consumers believe making small changes is crucial to success. The respondents view increasing savings as the top way to take control of their finances in 2009. Cutting back spending on extras like dining out and shopping are top ways people plan to cut spending in the next few months.

Many Americans Planning to Delay Retirement Up to Five Years Amid Economic Downturn

added: 08-02-2009

After a year in which the United States saw rising job losses, crashing financial markets, deep reductions in consumer confidence and poor pension performance, a new study by the American Institute of Certified Public Accountants shows clients of financial planners have made adjustments in their lives to match the changing economic environment.

US Consumers: The Online Generation Gap Narrows

added: 07-02-2009

About nine out of 10 US consumers ages 12 to 24 use the Internet. That is not surprising. But more than one-half of those ages 65 to 69 are online as well, and Internet-using 70-to-74-year-olds make up 45% of people that age, according to the Pew Internet & American Life Project.

Can't Buy Me Love: Valentine's Spending Down 4.8 Percent

added: 07-02-2009

This Valentine's Day is all about creative thinking as lovers choose candy and cards rather than bouquets and bling. According to IBISWorld, the nation's most respected independent publishers of industry research, spending will fall to $28.6 billion this holiday - a 4.8 percent drop from last year and a 6.8 percent drop since 2007.

Recession Prompts Financial Executives to Rethink Retirement

added: 06-02-2009

Executives may be spending more of their golden years on the job than on the golf course, a new study suggests. In fact, more than half (52 percent) of chief financial officers (CFOs) surveyed recently stated that they are delaying or reconsidering their retirement plans. The majority (62 percent) who intend to extend their working years attribute the change in plans to the economy.

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