Weak Job Market Worries Employees

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April 9, 2007 -- The economic outlook of the nation's labor force fell in March, amid growing concerns about the job market, Spherion reported Monday.

In a survey of more than 3,000 employees, just 17 percent said they felt the economy was gaining strength, down from 24 percent in February, the Fort Lauderdale, Fla.-based recruiting firm said.

While 63 percent said they were confident in the future of their current employer, 24 percent said they believed more jobs were available, compared to 20 percent the previous month.

"While the economy still looks relatively healthy, recent concerns about continued growth, coupled with rising energy prices and stock market volatility has certainly affected workers' viewpoint on the economy and job market," Spherion CEO Roy Krause said in a statement.

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