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California Employment Report: Overall Employee Confidence Index Rebounds; More Workers Confident in the Future of Their Current Employer

LOS ANGELES, May 16 /PRNewswire/ -- The California Employee Confidence Index edged up two points to 47.4 in April after five consecutive months of decline, according to the latest Spherion(R) Employment Report. The monthly survey ofCalifornia workers, conducted by Harris Interactive(R) on behalf of Spherion Corporation, reveals an increase in workers' confidence levels in their ability to find a new job and in the future of their current employer.

    Results from the California Employment Report:
    -- Seventy-one percent of workers are confident in the future of their
       current employer, showing an eight percentage point increase from
       March.
    -- In April, workers are more likely than in March to say that fewer jobs
       are available. Specifically, 63 percent of workers surveyed believe
       there are fewer jobs, an increase of four percentage points from March.
    -- Seventy-nine percent of workers believe it is not likely they will lose
       their jobs in the next 12 months, representing a three percentage point
       increase over the previous month.
    -- More than half of workers (57 percent) are confident in their ability
       to find a new job, an increase of three percentage points from the
       previous month.

"After several consecutive months of seeing the Index decline, we are now starting to experience a shift in this pattern. Our survey reveals that despite the fact that workers believe there are fewer jobs available, slightly more workers are confident in their ability to find a new job," explained Lauren Steel, territory vice president for Spherion. "The majority of California workers appear to be confident in their personal employment situation. Forward-thinking employers looking to source prime candidates should take note of these worker attitudes and revamp their retention plans to retain candidates."

    Link to full Report & Methodology:
    http://spherion.mediaroom.com/pressroom/index.php?s=43&item=577

About Spherion

Spherion Corporation is a leading recruiting and staffing company that provides integrated solutions to meet the evolving needs of companies and job candidates. As an industry pioneer for more than 60 years, Spherion has sourced, screened and placed millions of individuals in temporary, temp-to-hire and full-time jobs.

With approximately 700 locations inthe United States andCanada, Spherion delivers innovative workforce solutions that improve business performance. Spherion provides its services to more than 8,000 customers, from Fortune 500 companies to a wide range of small and mid-size organizations. Employing more than 300,000 people annually through its network, Spherion is one ofNorth America's largest employers. Spherion operates under the following brands: Spherion Staffing Services Group for administrative, clerical and light industrial workers; Technisource for technology professionals and solutions; The Mergis Group for accounting and finance and other professional positions; Todays Staffing for specialty administrative personnel; and Spherion Recruitment Process Outsourcing. To learn more, visit www.spherion.com .

SOURCE Spherion Corporation

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California Employment Report: Overall Employee Confidence Index Rebounds; More Workers Confident in the Future of Their Current Employer