Despite a strong jobs report in Q1 of 2013, a new survey by Randstad Engineering shows a slight dip in confidence among U.S. engineering employees. The index of 112 workers was 54.9 this quarter, reflecting a drop of 2.9 points. In addition, a mere 26% of surveyed engineering workers believe the economy is improving, compared with 34% of workers polled in Q4 of 2012.
While statistics were lower, the survey also revealed a variety of positive statistics. Engineering professionals had the highest confidence of any surveyed industry, including IT, administrative, and manufacturing. A vast majority of engineering workers (73%, compared with Q4 2012's 68%) also believe they won't lose their jobs over the next year.
According to Richard Zambacca, president of Randstad Engineering, "The engineering field is looking so positive that a recent U.S. News and World Report article heralded engineering as the new 'it' degree, [and] the Bureau of Labor Statistics estimates the current population of about 263,000 civil engineers across the nation will grow 19% by 2020."
The article New Study Suggests Decrease in Engineer Confidence originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.