Confidence levels among manufacturing and logistics workers rebounded in the first quarter of 2014, according to the Randstad Manufacturing & Logistics Employee Confidence Index, a measure of overall confidence among U.S. workers in this sector. The index rose to 50.5, an increase from 48.0 in Q4 2013.
The quarterly survey found workers’ job security increased compared to the previous quarter, with the majority (63%) of manufacturing workers feeling it is unlikely they will lose their jobs in the next 12 months, compared to 59 percent the previous quarter.
Economic activity in the manufacturing sector expanded in April for the 11th consecutive month, according to the Institute for Supply Management
, which is a key index closely monitored by the industry. This month’s Purchasing Managers’ Index registered 54.9 percent, an increase of 1.2 percentage points from March's reading of 53.7 percent.
In other trends, a gender gap persists in the manufacturing sector. Currently, there are about 15,871 job openings for industrial engineers in manufacturing and about 182,000 qualified candidates in the employable U.S. workforce, according to Wanted Analytics
. About 18 percent of those candidates are female. Of the most recent graduating class, roughly the same percentage of female industrial engineers are entering the workforce. But, as Wanted Analytics
notes, “This number needs to be higher to maintain the percentage of women in industrial engineering roles in the manufacturing sector.”
From the Desk of Traci Fiatte, Group President, Randstad Staffing
“The industry is beginning to show signs of anticipated growth in 2014.”
Despite slowdown within the manufacturing and logistics industry at the start of the year due to harsh weather conditions, the sector is poised for growth in 2014. According to our research, manufacturing and logistics workers are showing improved overall confidence, which falls in line with promising reports of expansion and employment within the industry. Overall, these positive signs continue to support projections that the economy is regaining momentum as spring emerges, and we would expect to see demand for talent within the manufacturing and logistics industry to follow suit.”
A Closer Look at the Findings:
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This survey was conducted online within the United States by Harris Poll on behalf of Randstad from January 6-8, February 3-5 and March 3-5, 2014 among 3,210 adults ages 18 and older, of which 169 are employed in manufacturing and logistics. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact firstname.lastname@example.org
About Randstad Manufacturing & Logistics
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