Confidence among finance and accounting workers fell 5.2 points to 52.6 during the second quarter of 2012 following its highest level in four years, according to the Mergis Group Finance and Accounting Employee Confidence Index by the Mergis Group.
The dip in confidence revolves around the strength of the economy as well as job availability. Despite the lower feeling of confidence, the sense of job security among respondents continues to be strong.
"The decline in employee confidence during the second quarter appears to be in response to global economic uncertainty emanating from Europe as opposed to material deterioration in personal economic conditions," says Steve McMahan, executive vice president of Randstad U.S., Professionals. "This would seem to be borne out by the fact that slightly more workers feel secure in their current positions. Steady improvements are being made in the finance and accounting labor market and the longer-term outlook is bright.
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