Confidence among U.S. engineers continued to rise in the third quarter of 2013, reaching a high of 64%.
“Demand for engineering professionals is projected to significantly increase over the next decade, and because of this, the need for more women to enter the field is growing,” Zambacca continued. “Impending baby boomer retirements could mean the loss of nearly half of all scientists and engineers, making the need for talent even more urgent. Today, according to a report by the U.S. Census Bureau, only 13 percent of engineers are women.”
Q3 Survey Highlights:
Engineering Workers’ Confidence in the Economy Rises in the Third Quarter
Forty-three percent of engineering professionals believe the economy is getting stronger, rising three percentage points from the second quarter of 2013.
Engineers Cautious About Job Availability
Just over one out of every three (35%) engineers believe more jobs are available, showing no change from the previous quarter. However, 41 percent of engineering workers believe fewer jobs are available this quarter, representing a sizeable change in outlook when compared to last quarter’s 30 percent.
Engineers’ Confidence in Ability to Find New Jobs Remains Positive
The majority (61%) of engineers feel confident in their ability to find a new job, falling just one percentage point from the second quarter of 2013.
Worker Sentiment about Job Security Remains Strong
Eighty-one percent of engineers report they are not likely to lose their jobs over the next 12 months, rising eight percentage points from the previous quarter.
Slightly Fewer Engineers Likely to Search for New Employment
Twenty-nine percent of engineers say they are likely to look for a new job within the next 12 months, a slight decrease of four percentage points from the second quarter of 2013.
**Share the Magazine with your executive colleagues and friends!
Follow the Magazine:
(After you have filled in your email address in the column at the right hand side of the screen, a confirmation email will sent to your email address. You will have to confirm it before subscription begins)
Follow us on Twitter:
Like us on Facebook:
**As part of the Magazine’s drive to reward subscribers/followers, we will be providing subscribers/followers special access to exclusive content which will not be otherwise available to normal visitors. Please be sure to subscribe to the Magazine. Many visitors have given us positive comments that they will be bookmarking the site, but as the system is unable to capture a working email address to which the passcodes for exclusive content will be sent, they will miss out on this content. Do note that passcodes are locked to each exclusive content, not a one-for-all access, so do provide a working email address that you check regularly so as not to miss out on them!