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May
10, 2005 11:20 AM US
Eastern Timezone

80
Percent of Canadians Expect to
Hold on to Their Jobs This
Year, According to New Survey
on Worker Confidence by Right
Management Consultants
TORONTO--(BUSINESS
WIRE)--May 10, 2005--Canadians
are slowly feeling more
confident about the job
market, with 77 percent
predicting little or no
likelihood of losing their job
in the coming year, according
to a survey of 529 fulltime
workers by Right Management
Consultants. That number is an
improvement from six months
ago when only 71 percent felt
their jobs were secure.
Despite
their relative security about
their own jobs, Canadians
still believe the overall job
market remains tight: Nearly
80 percent said it would be
somewhat or very difficult for
an out-of-work employee to
find a comparably paying job.
Among that group, 31 percent
said it would be "very
difficult" for a laid-off
worker to find a new job.
Those numbers are similar to
those reported by Canadian
workers six months ago when
Right last conducted its
survey of worker confidence.
"Employees
are feeling cautiously more
confident than they did six
months ago about the job
market," said Bram Lowsky,
senior vice president of Right
in Eastern Canada. "But
there is recognition that jobs
are still not plentiful, nor
are they easy to land. Until
the job market completely
recovers, we are only seeing
incremental shifts in worker
confidence levels."
Right
surveyed workers in 18
countries to determine how
confident they felt about
their jobs and prospects for
finding a new job, if
necessary. Workers in Germany
are the most pessimistic about
their country's job markets.
In
Germany, 15.5 percent of
employees believe their own
jobs are at risk, and 97
percent say a laid-off worker
would have a somewhat or very
difficult time finding new
work. That group included 62
percent who said a laid-off
worker would have a "very
difficult" time replacing
a lost job.
Norway
is home to the world's most
confident workers. After
Norway, other high-scoring
worker confidence levels were
found in Spain and Japan,
which tied for second as the
country with the most
optimistic workers. Also
scoring high in worker
confidence were Sweden and
Ireland.
In
addition to Germany, lower
worker confidence levels were
reported in Switzerland and
Italy.
From
most confident to least
confident, the results by
country were: Norway, Spain
and Japan (tied for second),
Ireland, Sweden, Australia,
Korea, Denmark the UK, Hong
Kong, US, Belgium, France,
Canada, the Netherlands,
Italy, Switzerland, and
Germany.
Individual
country indexes ranged from a
low of 43.1 in Germany to a
high of 63.2 in Norway.
Canada's index score of 48.6
ranked sixth of 14 countries.
"Overall,
worker confidence levels
around the globe appear to be
trending upward," said
Lowsky. "In 13 of the 18
countries surveyed, worker
confidence levels were higher
than they were six months
ago."
About
the Methodology
The
Career Confidence Index(TM) is
conducted by Right Management
Consultants twice a year to
measure career confidence
among fulltime workers around
the globe. The Index is based
on telephone interviews with a
random sample of 300 - 1,000
fulltime workers in each
country, based on country
size.
In
Canada, 520 fulltime workers,
at all levels and with
household incomes ranging from
less than $25,000 to more than
$75,000, were surveyed. These
results are based on
interviews conducted in March
and April and have an average
error margin of +/- 4.31
points (+/- 4.26 for Canada).
Workers in the following
countries were surveyed:
Australia, Belgium, Canada,
Denmark, France, Germany, Hong
Kong, Ireland, Italy, Japan,
Korea, the Netherlands,
Norway, Spain, Sweden,
Switzerland, the United
Kingdom and the United States.
The fieldwork was coordinated
by ICR - International
Communications Research of
Media, Pa.
About
Right Management Consultants
Right
Management Consultants (www.right.com/ca)
is the world's largest career
transition and organizational
consulting firm. It offers
services to corporations of
all sizes through a global
network of more than 300
service locations and the
Internet. The company is a
worldwide leader in customized
career transition solutions
and also offers a wide range
of organizational consulting
services, including talent
management, leadership
development and organizational
performance services. In
combination, the two lines of
business enable Right to help
businesses manage the entire
life cycle of their employees.
Right is a wholly owned
subsidiary of Manpower, Inc. (NYSE:MAN).
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