While employer surveys are revealing a growing bullishness among those who own and operate businesses, employees are still feeling a bit shaky about their economic future.
That's what the latest confidence index report from Randstad (the U.S. Employee Confidence Index) found when it conducted its monthly sampling of workers. After a 19-month index high of 59 in July, the index fell to 55.9 in August. It was little improved at 56.4 in September.
July was a confident month in the U.S. Consumer confidence in July was up, according to the Conference Board, just when the Randstad Index was peaking. Macro confidence and personal confidence levels as measured by the index were also high in July by historical standards. August saw them all drop significantly. And while macro and employee levels moved up slightly in September, personal confidence fell slightly.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
