Industry News




 

12/07/2012

Worker Confidence Declines in Economic Uncertainty

 
Worker confidence could be shaken in uncertain economic times.

How’s your facility portfolio look?  How are your employees doing?  The Randstad Employee Confidence Index decreased last month to 51.7, breaking a previous two-month climb in confidence.

In the November Index, employees showed increased uncertainty around the availability of new jobs and in the strength of the economy. Despite the decrease in optimism, 59% of U.S. workers maintain strong levels of confidence in their employers' future. Additionally, slightly more workers expressed an increased sense of job security.

"November was a month of ups and downs for the U.S. labor market, but for the most part, our Index has remained fairly high given the mixed economic headlines," says Jim Link, managing director of human resources for Randstad US.

"With the presidential election behind us, economic anxiety still exists around the so-called fiscal cliff, potential sharp tax increases, and the economic outlook overseas. Yet, there are some very positive signs as we move into the last month of the year. The retail holiday season started off strong with more sales activity in stores and online when compared to 2011.

Consumers are also more confident than we've seen since early 2008, the housing market is showing signs of recovery, and third quarter GDP growth was revised upward to 2.7%. Despite this welcoming news, the economy still remains fragile and the unemployment rate will likely show little movement as we close out 2012."

Quick Stats:

Employee Confidence Decreases in November

  • The Employee Confidence Index decreased 2.6 points to 51.7 in November after increasing in both September (0.8 points) and October (1.9 points)
  • November saw a seven percentage point increase in employees indicating they believe the economy is getter weaker (41%  versus 34% last month)
  • 52% of workers  believe fewer jobs are available, an increase of six percentage points over last month
  • Only 20% believe more jobs are available  
  • Most employees, 59%, continue to feel confident in the future of their current employers and companies
  • Almost three-quarters of employees also feel secure in their jobs, with 72% indicating it is unlikely they will lose their job in the next 12 months. This number has held strong throughout 2012
  • 43% of employees in November indicated they are confident in their personal ability to find a new job, however, a quarter of employees (25%) reported they were not confident in their ability to find a new job
  • More than a third of employees, 36 %, are ready to move on to their next job, indicating it is likely they will transition to a new job in the next year
 

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Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
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Mitsubishi Electric’s H2i R2-Series heat pumps provide 100% heating capacity down to 0° F and simultaneous heating and cooling down to -4° F delivering year-round comfort, regardless of climate zone.

 
04/16/2014

The U.S. Army plans to start development of a solar array that will provide about 25% of the annual installation electricity requirement of Fort Huachuca, Arizona.

04/15/2014

The EPA's annual greenhouse gas emissions report is now available.

04/14/2014

Are you what some would call a “climate-change denier”? If so, you'll want to read this.

04/10/2014
Los Angeles has remained the top city for ENERGY STAR certified building since 2008, while Washington, D.C. continues to hold onto second place for the fifth consecutive year, according to a new list released by the EPA.
04/09/2014
Green construction has grown massively over a short period of time.
04/07/2014
Field demonstrations of newly proven energy-efficient technologies are yielding valuable results for the U.S. Navy, helping it meet energy goals.
04/03/2014
Building owners in Chicago now have more options when it comes to getting their building energy data verified.
04/01/2014
According to a new report from Eaton, such outages are up 15% in 2013 over 2012 and over half of those surveyed believe that downtime could have been prevented.
03/31/2014
The newly revised ANSI/ASHRAE Standard 105-2014, Standard Methods of Determining, Expressing, and Comparing Building Energy Performance and Greenhouse Gas Emissions, aims to provide a consistent method of measuring, expressing, and comparing the energy performance of buildings.
03/27/2014
Facility managers face an every expanding array of sustainability choices and challenges, but for the next generation of FMs, green practices could be second nature as sustainability literacy enters the K-12 school system.
03/25/2014
While the economic recession explains the decline in sales in 2008 and 2009, it is much less clear why sales have continued to fall.
03/24/2014
University of Washington (UW) scientists have built the thinnest known LED that can be used as a source of light energy in electronics.
03/21/2014
Mississippi Governor Phil Bryant signed Senate Bill 2378 into law, effectively enacting the state’s first building code.
03/19/2014
In an attempt to improve building energy performance, the DOE’s National Renewable Energy Laboratory has released a web-based tool called the Technology Performance Exchange, or TPEx.
03/18/2014
Could green building practices pose unanticipated life-safety hazards?
03/13/2014
Worried about workplace violence in your facility? Researchers have discovered that “mindfully observing” high-risk employees can avert danger and workplace violence.
03/11/2014
Through the DOE’s Building Energy Codes Program, every dollar the DOE has spent on building energy codes over the past two decades has resulted in $400 in energy cost savings.
03/07/2014
It is possible to harvest energy from Earth's thermal infrared emission into outer space, according to new research from the Harvard School of Engineering and Applied Sciences.
03/05/2014
Is your building prepared to handle an emergency?
03/04/2014
NASCAR revealed five newly installed charging stations for employee use.
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