Employee Confidence Index headed down?

A few days back i participated in the monthly ECI index survey conducted by Jobstreet.com. The JobStreet ECI is a measure of a jobseeker’s confidence in finding a job within the Singapore market. It ranges from zero (very poor) to 100 (very good). It’s not surprising that the index is showing a decline in the tough economic conditions we are in. The October figures are not yet published by jobstreet but i got an instant preview after the survey on where its headed. Current ratings suggest it will dip below 50.
So people its time to tighten our belts and work hard to keep our jobs. Some random conversations with head hunters suggest that people are hanging on to their jobs and don’t want to make any job moves. Everybody remembers the lesson ‘Last to come but first to go’.