Yoh: Worker Confidence Index 3Q 2019

In the third quarter of 2019, we see an increase in the Worker Confidence Index of 11.8 points over the second quarter, bringing the index to the highest level since the study’s inception. Three of the four indices that comprise the study reported higher results in the third quarter.

While the Job Security Index decreased by nearly 3 points from the second quarter to 101.5 points, this is still a high level of confidence. Females reported higher levels of confidence in their job security than males again in the third quarter of 2019, continuing the trend.

According to the Bureau of Labor Statistics (BLS) Workforce data remains consistent with positive job security. By the end of 3Q 2019, there were 1.1 percent more workers than at the end of 3Q 2018. This brings the total number of people in the U.S. workforce to over 117.2 million, with the number of males and females in the workforce increased 0.9 percent and 1.4 percent, respectfully, since the third quarter of 2018.

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Posted November 22, 2019 in Research & Best Practices

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