Accounting Worker Confidence Drops

The confidence of accounting and finance workers has hit its lowest level in two years, according to a newly released survey.

The survey, commissioned by recruitment company Spherion Corp. and conducted by Harris Interactive, found that 50 percent of accounting and finance workers believe the economy is getting weaker.

Spherion's Accounting and Finance Employee Confidence Index decreased 10.6 points to 56.9 in the fourth quarter of 2007. Forty-one percent of accounting and finance workers believe there are fewer jobs available, up nine percentage points from the previous quarter. However, the amount of workers who are confident about the future of their current employer remained steady at 70 percent.

Despite the gloom, Spherion pointed out that the Bureau of Labor Statistics predicts that the demand for finance professionals will continue to grow faster than the average for all other professions through 2014. The recruiter is also continuing to see strong demand for financial analysts, staff accountants and internal auditors from a wide range of companies across the U.S.

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