Last week we unveiled our third-annual “State of Seattle” survey, for which we polled 500 Seattle residents on topics that are top-of-mind for the region. Related to the economy, we have some good news: 91 percent of local working residents feel secure with their current job situation, up eight percent over a year ago. There’s less confidence in the U.S. economy, with 52 percent of respondents saying it’s weak, but there’s also hope, as 53 percent believe the economy will be stronger a year from now.
Our job confidence shouldn’t be that much of a surprise: the Seattle-area has the nation’s third strongest local economy according to Policom Corp.’s annual ranking of 366 metropolitan areas, and there’s rapid growth in key local industries like technology.
One important factor that can contribute to a sense of job security is frequent employee engagement. Whether it’s updates on the company’s financial health and the role employees play in that success or the sharing of growth opportunities, keeping the internal dialogue open is a key element in maintaining a high level of confidence in job security.
Check out our infographic on the economic survey results below and be sure to return to the Weber Shandwick blog as we continue to dive into the State of Seattle findings.