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Drop in Job Security Concerns Boost Worker Confidence in NYC

Worker confidence in New York City rose for the third consecutive month, as the city’s Hudson Employment Index (SM) climbed 2.4 points in January to 90.3. A greater sense of job security and more optimism in personal finances triggered the increase in employee sentiment. New York City’s latest reading is well above last January’s Index of 86.5. The composite Index, based on responses from approximately 9,000 workers nationwide, rose 1.5 points this month to 104.2.

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