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Florida Employment Report: Overall Worker Confidence Edges Upward; More Workers Likely to Look for New Jobs
Friday, May 16, 2008

FORT LAUDERDALE, Fla., May 16 /PRNewswire/ -- The Florida Employee Confidence Index increased 0.4 points to 44.6 in April, rising for the first time since October 2007, according to the latest Spherion(R) Employment Report. The monthly survey of Florida workers, conducted by Harris Interactive(R) on behalf of Spherion Corporation, reveals that more workers believe that the economy and the job market have stabilized. In addition, a greater percentage of workers indicated that they are more likely to look for new jobs.

    Results from the Florida Employment Report:
    -- One-third of Florida workers (33 percent) report that the economy is
       staying the same, an increase of 14 percentage points from the previous
       month.
    -- Nearly 40 percent (38 percent) of workers believe the same amount of
       jobs is available, showing a 14 percentage point increase from March.
    -- More workers report they are likely to look for a new job in the next
       year, with 36 percent indicating a desire to do so, an increase of six
       percentage points from the previous month.

"This month's report is encouraging," said Paula Franco, branch manager for Spherion Staffing Services in Florida. "More Florida workers are now feeling that the economy and job market have stabilized. Despite the increased doubt reported in workers personal employment situation, more indicate that they are likely to look for a new job in the next year as well. This doesn't come as much of a surprise to me. With a rising unemployment rate, we're seeing an increasing number of people out there searching for jobs. With many industries tied to the housing slump, many displaced workers continue to walk through our doors. We are advising these individuals to take inventory of their skills and be open to transferring them to other industries."

    Link to full Report & Methodology:
    http://spherion.mediaroom.com/pressroom/index.php?s=43&item=580

About Spherion

Spherion Corporation is a leading recruiting and staffing company that provides integrated solutions to meet the evolving needs of companies and job candidates. As an industry pioneer for more than 60 years, Spherion has sourced, screened and placed millions of individuals in temporary, temp-to-hire and full-time jobs.

With approximately 700 locations in the United States and Canada, Spherion delivers innovative workforce solutions that improve business performance. Spherion provides its services to more than 8,000 customers, from Fortune 500 companies to a wide range of small and mid-size organizations. Employing more than 300,000 people annually through its network, Spherion is one of North America's largest employers. Spherion operates under the following brands: Spherion Staffing Services Group for administrative, clerical and light industrial workers; Technisource for technology professionals and solutions; The Mergis Group for accounting and finance and other professional positions; Todays Staffing for specialty administrative personnel; and Spherion Recruitment Process Outsourcing. To learn more, visit http://www.spherion.com/ .

SOURCE Spherion Corporation



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