Industry Market Trends
Manufacturing Workers are Confident in Future of Employers
November 20, 2013
Confidence is rising among manufacturing and logistics employees as fewer plan to hunt for new jobs, and more than half say they believe their current employer has a strong future, according to a new Randstad index survey. Of 167 employees surveyed during the third quarter of the year, 53 percent were confident in the future of their employer, a 6 percent surge from the second quarter. And 74 percent say that it is not likely that they will lose their jobs. The survey does not reflect employee attitudes during the government shutdown. Other reports from companies indicate the 16-day shutdown took a toll on consumer confidence, which declined more than estimated, according to a survey conducted by Thomson Reuters and the University of Michigan. Although the percentage of respondents who believe that more jobs are available fell from 28 to 21 percent, companies report that they will increase hiring and turn to staffing firms to fill positions demanding specific skills, according to Phyllis Finely, executive vice president at Randstad USA. "As we look towards the fourth quarter and 2014, some of the positions expected to drive the most growth are maintenance technicians, machine operators and warehouse supervisors," she said in a statement. "We are also seeing more hiring managers becoming more particular when looking at requirements and minimum skill levels. Resumes that reflect a variety of experiences, such as machine operation along with computer skills, create greater interest with hiring managers." A separate report from the Bureau of Labor Statistics paints a bright employment picture for U.S. manufacturing. Manufacturers added 19,000 new net workers in October, the largest gain since February. Even if hiring continues to surge, most factory workers plan to stay where they are now. Just of 3 in 10 of manufacturing and logistics workers said in the Randstad survey that they are likely to look for a new job in the next 12 months. Randstad is the third largest staffing organization in the country.