Texas Worker Confidence Slips for the Second Consecutive Month
Confidence among Texas workers faltered, as the state’s Hudson Employment Index (SM) dropped one point to 124.6 in May. Less expected hiring and an increase in anticipated layoffs drove the decline. The latest reading is up 1.5 points from last May’s Index of 123.1. The national Index , based on responses from approximately 9,000 workers across the country, remained steady, inching down 0.6 points to 106.9 in May.
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