Employee confidence is up slightly, according to a new report by workforce solutions company SFN Group.

SFN's Employee Confidence Index, which measures workers' confidence in their own employment situation and their optimism about the economy increased to 53.9 in May, up 0.5 points from April, and up more than two points from March's index of 51.4.  

The ratings could mean that workers are gaining confidence in the strength of the economy and in their ability to find a new job. Moreover, 30 percent of workers said that they are likely to make a job transition in the next 12 months.

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