According to the Randstad Engineering Employee Confidence Index, overall confidence of U.S. Engineers rose to 63.6% in the first quarter of 2014. The survey was conducted in January through March this year.
The study, which surveyed employed engineers over 18, yielded results that indicated engineers exhibited a high confidence level about finding a new job or their job security. Approximately 84% of engineers said it would be unlikely they would lose their job within the next year.
Additionally, the Bureau of Labor Statistics projects growth in the engineering sector through 2018, with approximately 114,600 new civil engineering positions, 85,400 more industrial engineers and 75,000 more mechanical engineers.
“The high confidence level among engineers in the market overall is certainly in-line with what we are seeing within our own business,” said Richard Zambacca, president of Randstad Engineering. “Engineers are among the most sought-after talent in the market, across all boards and no matter the discipline. In fact, according to the National Association of Colleges and Employers (NACE), the job market looks very promising for 2014 graduates. Employers focused on hiring new engineering grads plan to hire 7.8 percent more this year.”
For more information, visit Randstad Engineering.
Sources: Press materials received from the company and additional information gleaned from the company’s website.