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For Washingtonians, Concerns Persist Over Job Security Despite Improving Employment Picture

SEATTLE, May 8, 2012 (GLOBE NEWSWIRE) -- Washingtonians remain cautious
about their job security, despite steady improvement of statewide
hiring trends, according to data released today in the 4th Annual
Washington State Workplace Confidence Survey.

The survey, conducted by Harris/Decima on behalf of Everest College,
revealed that 33% of Washington workers were concerned about losing
their job, similar to 2011 where 30% of respondents said they were
concerned about losing their jobs.

Washington State's unemployment rate remained flat at 8.3 percent for
the months of February and March 2012. This equates to approximately
289,000 people who were unemployed and looking for work during that
period, down from a peak of more than 365,000 in February 2010.

"An improving economic landscape and lower unemployment numbers have
not yet eased anxiety in the workplace," said John Swartz, regional
director of career services for Everest College. "In spite of the
moderate improvements on the hiring front, job security remains
top-of-mind for many people. At Everest, we are seeing students of all
ages enroll in our schools in order to receive training to enhance
their existing skills or begin a career in a field that is in-demand
and provides job security."

Pay Leading Source of Stress

The survey found that workplace anxiety levels in Washington are high,
with 60% of survey respondents claiming they suffer from some form of
work-related stress. The top stress factor cited by respondents was pay
(25%), followed by fear of losing their job (19%).

Age and income are determining factors when it comes to whether or not
respondents are stressed at work. Younger employees are more likely
than their older counterparts to be stressed by something in their job
(18-44 69% vs. 45-plus 53%). And, those with annual household incomes
of less than $60,000 (70%) were more likely to be stressed than those
with incomes greater than $60,000 (50%).

Career Change Continues to Resonate

Rethinking their career path or improving their current one was also on
the minds of Washingtonians. About half (54%) of the respondents said
they have considered making a change due to the current economy and
tougher job market. Two-in-five (42%) have considered returning to
school, either to enhance their current career (28%) or to train for a
new career (24%).

If no barriers existed for changing careers, 40 percent of
Washingtonians said they would do it. Those with a high school
education or less compared to respondents with at least some college
education were more apt to change careers by a wide margin of 58% to
34%.

"After a rough few years, we've seen a slight improvement in the
overall job market," Swartz said. "This survey shows the importance of
never taking your career for granted. It is critical to continually
evaluate your circumstances; be prepared to adapt your career to a
changing economy; and enhance your skill set.

"Competition for good jobs is high right now, so learning new skills
can jumpstart career development and give workers an edge. At Everest
College, we give students the practical skills to turn their work life
around and place them in their chosen career fields."

Top Careers For Stability

Industries and occupations related to health care, personal care and
social assistance, and construction are projected to have the fastest
job growth between 2010 and 2020, according to a February report from
the U.S. Bureau of Labor Statistics. The 20 industries with the largest
projected wage and salary employment growth between 2010-20, include:


  --  Offices of health practitioners
  --  Hospitals
  --  Home health-care services
  --  Nursing and residential care facilities
  --  Computer system design and related services




"Year after year, projections show that healthcare is and will continue
to be one of the fastest-growing industries in the U.S.," said Swartz.
"A majority of Everest's programs are in this sector and we consider
our programs among the best at training students for these rewarding,
in-demand healthcare careers."

By the Numbers: 4th Annual Washington State Workplace Confidence Survey
Fast Facts


  --  If they lost their job, one-third (36%) of respondents said they would
      consider leaving Washington to search for a new job, with men
      significantly more likely than women to look for a job outside of the
      state by a margin of 42% to 30%.

  --  One-in-five (18%) Washingtonians said that someone in their household
      has lost their job in the past 12 months.

  --  When envisioning their dream jobs, 75% of employed Americans living in
      Washington State said doing something they love was most important,
      followed by better pay (61%).




About the Survey

The 4th Annual Washington State Workplace Confidence Survey was
conducted by Harris/Decima from March 19 to March 26, 2012. A total of
301 employed residents of Washington State were surveyed by telephone.
Results are considered accurate +/- 5.6%, 19 times out of 20.

About Everest College

Everest College is part of Corinthian Colleges, Inc., one of the
largest post-secondary education companies in North America. Its
mission is to prepare students for careers in demand or for advancement
in their chosen field. It offers diploma programs and associate and
bachelor's degrees in a variety of occupational areas, including
healthcare, criminal justice, business, information technology and
construction trades. Programs vary by campus. For more information,
please visit www.everest.edu. For more information about our graduation
rates, the median debt of students who completed the program and other
important information, please visit our website at
www.everest.edu/disclosures.

The Corinthian Colleges, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=8848

About Harris/Decima

Harris/Decima is one of North America's most established names in
public opinion and market research, with a 25-year track record of
innovation and client satisfaction. Today, they are among the largest
full service marketing research organizations in North America.
Harris/Decima offers a full slate of custom and syndicated research
services, including telephone and on-site interviewing,
self-administered mail-back and on-line surveys, as well as qualitative
one-on-one executive interviewing and focus groups. Harris/Decima
conducts research on public and social policy, program evaluation,
employee satisfaction, issue management, marketing, advertising and
communications testing and evaluation for a wide range of clients in
the public, private, and third party sectors. For more information,
please visit www.harrisdecima.ca

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