More workers likely to hit job market as confidence improves

FORT LAUDERDALE — The job market improved slightly in November, and so worker confidence. So much so that many workers will be taking to the job market in search of something better.

The Spherion Employee Confidence Index, released Friday, increased by 0.7 points to 49.1 in November. The index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, found that more workers are confident in their personal job situations, and more likely to look for hunt for a new job sometime during the next 12 months.

Meanwhile the Labor Department said the unemployment rate dipped to 10.0 percent in November from 10.2 in October. The economy shed 11,000 jobs during the month, the fewest lost since the recession began in December 2007. Florida's report for November is due out Dec. 18.

"We are encouraged by the growth seen in the temporary help services sector over the last few months," Spherion CEO Roy Krause said. "It is widely known that an increase in this segment is historically a harbinger that broader hiring is on the horizon.“

In fact, the Labor Department reported the biggest jump in temporary workers hired in five years.

A look Inside the Spherion report:

    * Twenty-three percent of U.S. workers believe the economy is getting stronger, showing no change from October.

    * Sixty-eight percent of workers surveyed believe there are fewer jobs available, decreasing two percentage point from the previous month.

    * The number of workers confident in their ability to find a new job increased by one percentage point to 39 percent in November.

    * The percentage of workers reporting confidence in the future of their current employers increased by one percentage point to 65 percent in November.

    * Seventy percent of workers say they are unlikely to lose their jobs in the next year, decreasing by one percentage point from October.


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