SAUSALITO, CA -- (Marketwired) -- 04/05/13 -- While consumer confidence edged up in March to its highest level since November, employment confidence in the first quarter of 2013 falters. According to Glassdoor's Q1 2013 Employment Confidence Survey(1), conducted by Harris Interactive, nearly one in five employees(2) (19 percent) are concerned they may be laid off from their job in the next six months, and one in four employees (25 percent) including those who are self-employed, think it is unlikely they would be able to find a job in the next six months that matches their experience and current compensation should they lose their current job. Those unemployed but looking for work are less optimistic this quarter as 31 percent think it is likely they could find a job matched to their experience and compensation levels in the next six months, down six points from the last quarter.
However, despite layoff and re-hire probability concerns, nearly half of employees (45 percent) including those who are self-employed believe their company's business outlook will improve in the next six months, 45 percent expect it to stay the same and nine percent expect it to get worse. Expectations for a pay or cost-of-living increase in the next 12 months remains relatively unchanged as 39 percent expect an increase.
When it comes to gender differences around employment confidence, men (51 percent) are more optimistic than women (40 percent) that their company's business will perform better in the next six months. Men (44 percent) also continue to be more optimistic than women (34 percent) about a pay raise or cost-of-living increase in the next 12 months. However, men (23 percent) are more concerned than women (14 percent) that they could be laid off in the next six months. The report also highlights that men are increasingly worried about layoffs as only 18 percent of men were concerned about layoffs last quarter.
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