Overall worker confidence has declined 1.9 points to 46.5 in March, reaching its lowest level since the survey began in July 2004, according to the Spherion Employee Confidence Index.
The survey reveals that 53 percent of workers remain confident in their ability to find a new job, unchanged from February and 35 percent of workers still plan to change jobs in the next year, a drop of one percentage point.
Slightly fewer workers were confident, however, about the future of their current employers and in the availability of jobs. Specifically, 63 percent of workers say they are confident about the future of their employers, a drop of two percentage points from the previous month. Moreover, 58 percent believe there are fewer jobs available, an increase of five percentage points from February.
Although 77 percent of workers believe it is unlikely they will lose their jobs in the next 12 months, doubts about the economy persist. Only six percent of workers believe the economy is getting stronger, unchanged from February.Â
