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Worker Confidence Up Despite Dip in Expected Hiring

Hudson Employment Index (SM) Climbs One Point

Wednesday, August 30, 2006

The Hudson Employment Index (SM) rose one point to 102.9 in August, a moderate increase albeit the most substantial since May. Nominal improvements in workers’ perceptions of their finances and job satisfaction contributed to the increase, yet were tempered by a decrease in hiring expectations. The latest reading is nearly five points above last August, when the Index registered 98.2.

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