Posted on Tuesday, November 27th, 2012 at 9:36 pm
A new quarterly report by Randstad Engineering has found that the Randstad Engineering Employee Confidence Index decreased compared to last quarter, the second consecutive decline. The company surveyed 146 engineers to measure their overall confidence in the engineering industry and discovered that more than half are worried about the economy and the availability of jobs.
Of the engineers surveyed, half believe there are fewer jobs available and therefore do not plan to look for a new job within the next 12 months. Their skepticism of the economy, domestic and abroad, appears to have shaken their confidence. However, this quarter showed an increase in a feeling of job security compared to the previous one.
Despite the decrease in confidence, the president of Randstad Engineering states that the engineering industry is projected to grow and hire faster than any other sector. Engineers are in high demand as less than 20 percent of college graduates with a B.S. in engineering actually going on to become licensed professionals.
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