Hold onto your hats. Accounting and finance workers optimism about job availability and confidence in their own ability to find a new job decreased in the first quarter of 2009, according to a new survey. Somehow, this news isnt quite shocking.
Yet, at the same time, fewer of these workers believe the economy is getting weaker compared to the fourth quarter of 2008.
The Accounting and Finance Employee Confidence Index, a measure of overall confidence among U.S. accounting and finance workers, dipped 0.3 points to 42.3 in the first quarter of 2009, a new historic low, according to a recent survey commissioned by The Mergis Group and conducted by Harris Interactive.
The report found that 63 percent of accounting and finance workers believe the economy is getting weaker, a decrease of 13 percentage points from the fourth quarter of 2008.
Fewer of these workers are confident in their own ability to find a new job. Forty percent are confident in their ability to find a new position, compared to 45 percent in the fourth quarter of 2008.
On top of that, 32 percent of accounting and finance workers believe it is likely they will look for a new job in the next 12 months, down two percentage points from the previous quarters.
Looks like workers may need to stay put for a while if they can.
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