HRO Today April 2017 - 46

HRO Today Research
Worker Confi dence:
All-time High
Workers are feeling good about jobs, but does that translate to
economic growth?
By The Editors
Worker confi dence continued its upward trend in the
fourth quarter of 2016. The Worker Confi dence Index
(WCI) from HRO Today and Yoh Recruitment Process
Outsourcing reports an increase to its highest level since
study inception, up 4.6 points to 104.5 in the fourth
quarter and up 10.3 points for the year. All components
of the WCI were up in 2016-with job confi dence,
likelihood of a raise, and trust in leadership all up more
than 10 points
The consistent increase in the WCI throughout the
year suggests optimism about employee's faith in their
employment situation, and job security confi dence
throughout the year corresponds with the U.S.
unemployment rate drop to 4.7 percent.
[46]
HRO TODAY MAGAZINE
| APRIL 2017
Job security has remained relatively consistent over
the past year. Women continue to report higher levels
of confi dence in their job security than men, as only
7.4 percent versus 12.7 percent men thought a job loss
was likely. In general, minorities tend to anticipate job
loss more than whites. The youngest and the poorest
respondents reported the highest concern about job
security. However, the most educated respondents felt
less secure about their job stability in the fourth quarter
of 2016
The Bureau of Labor Statistics (BLS) remains largely
consistent with job security study fi ndings. By the end
of 2016, there were 1.3 percent more workers than at
the end of 2015, bringing the total to 111.4 million. The

HRO Today April 2017

Table of Contents for the Digital Edition of HRO Today April 2017

HRO Today April 2017 - 1
HRO Today April 2017 - 2
HRO Today April 2017 - 3
HRO Today April 2017 - 4
HRO Today April 2017 - 5
HRO Today April 2017 - 6
HRO Today April 2017 - 7
HRO Today April 2017 - 8
HRO Today April 2017 - 9
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HRO Today April 2017 - 11
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HRO Today April 2017 - 14
HRO Today April 2017 - 15
HRO Today April 2017 - 16
HRO Today April 2017 - 17
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HRO Today April 2017 - 33
HRO Today April 2017 - 34
HRO Today April 2017 - 35
HRO Today April 2017 - 36
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