The Monster Meter Says: 70 Percent of Americans Concerned About Their Job Security
MAYNARD, Mass.--(BUSINESS WIRE)--June 20, 2001--Even though the unemployment rate dropped a tenth of a percentage point from 4.5 percent in April to 4.4 percent in May, the majority of Americans do not feel confident about their job security. According to the latest Monster Meter, 40 percent of respondents have some anxiety about their job security, while 30 percent feel they could lose their job at anytime. Only 8 percent of respondents believe they are indispensable to their employers, and not in any danger of losing their jobs. The Monster Meter, a product of Monster.com(R) the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), is an ongoing series of online polls that gauge users' opinions on a variety of topics relating to careers, the economy, and the workplace.
The Monster Meter asked "On a scale of 1 to 5, how would you rate your job security." A total of 20,334 votes were cast - revealing:
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30% (6144 votes) said: "1 - I could be the next to go."
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20% (4113 votes) said: "2 - I have a few worries."
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20% (4030 votes) said: "3 - I'm somewhat safe."
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22% (4532 votes) said: "4 - I'm confident in my importance."
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8% (1515 votes) said: "5 - I am indispensable."
"This is a volatile, churning economy. This means there will always be job gains and job losses. But multi-skilled workers have multiple options," said Alexis Herman, former U.S. Secretary of Labor and current Monster.com columnist. She continued, "the notion of long-term job security is being over-taken by skilled workers with diverse career security."
The results of the current Monster Meter are based on votes cast by Monster.com users from June 4th to June 10, 2001. Only one vote per user is counted toward the final tabulation. Anyone interested in voting in Monster.com's current online poll may do so by logging onto Monster.com at www.monster.com. Users may review the results of past polls by going to http://midcareer.monster.com/polls/.
About Monster.com
Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 26.9 million unique visits during the month of May 2001 according to independent research conducted by I/PRO. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Germany, Ireland, Spain, Luxembourg, India, and Italy. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.
About TMP Worldwide
Founded in 1967, TMP Worldwide Inc., with more than 9,500 employees in 32 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The company's clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.
Special Note: The above statements include forward-looking statements based on current management expectations. Factors that could cause future results to differ from these expectations include the following: risks associated with acquisitions, competition and seasonality. Additional factors are described in the company's reports filed with the Securities and Exchange Commission.
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CONTACT: The Weber Group Kelly Sullivan 617-520-7239 ksullivan@webergroup.com or Monster.com Dean Rosingana 978-461-8034 dean.rosingana@monster.com












