Finance Concerns Hurt Twin Cities Workers’ Confidence in 2006
The average Hudson Employment Index SM reading for the Twin Cities in 2006 was 95.8, 8.6 points lower than in 2005. After the beginning of the year when the readings were generally in the lower 100s, the monthly reading remained in the 90s. The area’s strongest reading of worker confidence came in February, when it registered 104. It dipped to its lowest level (92.1) twice, in August and again in November. See below for more detailed information.
The national Index, based on responses from approximately 9,000 workers each month nationwide across all industries, also improved its yearly average from 101.5 in 2005 to 103.8 this year.
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