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                     Employee Confidence Slides -- Surveys
				Wed Mar 2, 2005 06:01 AM ET   By Emily Chasan  
              
             NEW YORK (Reuters) - U.S. employee confidence fell 
			sharply in February, as workers grew more worried about personal 
			finances, layoffs and job security, according to surveys released on 
			Wednesday.  The employee confidence index in Hudson Highland 
			Group's latest survey of 9,000 workers fell to 102.0, its lowest 
			level in 12 months and down sharply from 106.2 in January. 
			 Job loss fears were at their highest in more than 
			a year, as one of five employees surveyed feared the loss of his or 
			her job. The number of workers expecting their companies to lay off 
			employees rose to 18 percent in February from 16 percent in January, 
			Hudson said.  The decline in confidence may be due to slow 
			employment growth, as workers have been pessimistic about the job 
			market since 2000, staffing executives said.  A separate survey by staffing firm Spherion Corp. 
			(SFN.N) showed overall employee confidence held steady with 
			January, but employees showed slight decreases in personal 
			confidence, confidence about the future of their companies, and 
			confidence in their ability to find a job.  Furthermore, the Spherion survey of more than 
			3,000 workers, showed that 43 percent of employees still believe 
			fewer jobs are available, compared to 24 percent who believe more 
			jobs are available.  "We are still measuring the number of jobs 
			available by the norm of job growth in the late 1990s. Since then, 
			its been a steady month-over-month increase but we haven't seen a 
			real spike." Spherion's president of employment solutions, Robert 
			Morgan said.  But overall employee confidence levels have 
			remained relatively steady over the past few years, "Even with the 
			downturn in the job market, employees have remained relatively 
			confident in their own abilities. We haven't seen a dive in their 
			overall confidence levels," Morgan said.  The Hudson survey also revealed growing optimism 
			at large companies and among professionals, as employees in 
			organizations with 250 to 500 employees or with annual salaries 
			between $60,000 and $75,000, were more confident about personal 
			finances and expected fewer layoffs. Employees at the smallest 
			companies were most concerned about losing their jobs, Hudson said.
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