North Carolina workers: scared; biz leaders: fingers crossed — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

North Carolina workers: scared; biz leaders: fingers crossed

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The economic meltdown has North Carolinians caught in the grip of fear and insecurity, but state business leaders are cautiously optimistic things could turn around sooner rather than later.

In a recent survey by Raleigh-based RBC Bank, one in three workers said they were worried about becoming unemployed in the next six months. More than half said someone close to them had recently lost a job.

The good news is that employees who are worried about losing their jobs may boost productivity. Those who have jobs want to keep them, and aren’t likely to look for new ones unless layoffs are imminent. The bad news is that economic worries may take a toll on mental and physical health.

Meanwhile, business leaders are more optimistic. At a recent gathering of the Greater Raleigh Chamber of Commerce, several economists—notably Wachovia’s chief economist—predicted that things will turn around in the second half of 2009.

They urged business leaders to use the current downturn to “get lean and mean,” The  News and Observer reported.

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