While the worker confidence level is more than 10 points higher from August 2011, it is 51.6 in August 2012, only 0.8 points down from July 2012, according to the most recent Randstad Employee Confidence Index.
"While we saw a slight decline in the overall Index, the movement is minimal, and worker confidence in the strength of the economy and job availability continues to remain strong," says Jim Link, managing director of human resources for Randstad U.S. "When you look specifically at this time last year, we see that U.S. employees are reporting much higher levels of confidence — double-digit increases, in fact, when it comes to the economy. As we head towards the fourth quarter and the November election, we expect to see more of the same when it comes to U.S. job growth.
"Growth will likely still occur, just at a slower pace than many had hoped to see in the remaining few months of the year. That said, health care, education and professional services are likely to remain some of the strongest sectors."
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The survey also finds that 19 percent of respondents say more jobs are available, a jump from 9 percent in August 2011, and 43 percent of respondents say they are confident in their abilities to find new jobs as opposed to 35 percent in August 2011.
Still, 35 percent of respondents say they are likely to look for new jobs, which is a decrease by three points, though that figure remains the same from August 2011. Seventy-one percent of respondents believe it is unlikely that they will lose their jobs, a dip from 74 percent in July 2012.
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