Finance and Accounting Workers’ Job Confidence Dips

Are staffers feeling trapped?

Confidence among U.S. accounting and finance workers dipped 0.3 points to 50.6 in the first quarter of 2010, according to The Mergis Group placement agency. Mergis called the dip “a slight hiccup” in confidence.

Highlights:

  • 55% of accounting and finance workers believe there are fewer jobs available, representing
  • a 15 percentage point drop from the fourth quarter of 2009.
  • 32% of accounting and finance workers are not confident in their ability to find a new job, an increase of seven percentage points from the previous quarter.
  • Fewer accounting and finance workers believe it is not likely they will lose their job in the next 12 months. Specifically 64 percent of workers believe it is unlikely, versus 74 percent in the fourth quarter of 2009. This marks the lowest level in the history of the survey.