As unemployment rates decline, economic factors are still unstable. But despite a tumultuous first three quarters of the year and a terrible year for the stock market, worker confidence is the highest it has been in five quarters.
But despite the growing threat of an impending recession, the Worker Confidence Index (WCI) increased in the third quarter of 2022 bringing it to the highest it has been in five quarters. Out of the WCI’s four indices, Job Security was the only metric to decrease, while the Likelihood of a Raise, Likelihood of Promotion, and Trust in Company Leadership all grew.
Read our full report to see how the Worker Confidence Index grew, and what factors are driving these results.
