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February 1, 2008

Financial Concerns Weaken Twin City Worker Confidence

The Hudson Employment Index (SM) for Minneapolis - St. Paul fell 2.6 points to 85.6 in January. Increased concerns over finances and more anticipated layoffs influenced the decrease, despite better hiring expectations. The latest measure of worker confidence for the Twin Cities is more than 23 points lower than last January’s reading of 109.2. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.

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February 1, 2008

Healthcare Workers' Confidence Holds Steady

The Hudson Employment Index (SM) for healthcare workers inched up 0.4 points to 94.5 in January. Improved perceptions of workers’ finances were offset by a weaker sense of job security. In contrast, the Index registered 107.7 one year ago. The composite Index, which is based on responses from approximately 9,000 workers across all occupations, held steady at 89.0.

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February 1, 2008

Worker Confidence in CA Rebounds to Start Year

Following two months of record lows, the Hudson Employment Index (SM) for California workers climbed 6.3 points to 96.1 in January. Improved perceptions of workers’ finances and less expected job cuts triggered the rise. Nevertheless, California’s latest monthly measure of worker confidence is well below last January’s Index of 110.5. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.

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February 1, 2008

San Francisco Confidence Holds Steady

After hitting a record low in December, the Hudson Employment Index (SM) for San Francisco held steady in January, inching up less than one point to 75.1. Improved job satisfaction was offset by financial concerns. The Bay City’s current reading is almost twenty points below last January’s Index of 94.2. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.

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February 1, 2008

Los Angeles Worker Confidence Holds Steady in January

The Hudson Employment Index (SM) for Los Angeles held steady in January, climbing 0.8 points to 92.0. The city’s latest reading is 10.3 points below last January’s 102.3. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.

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January 29, 2008

Small Business Economic Confidence Tumbles to 18-Month Low

Few small business owners started out the year with confidence in the direction of the U.S. economy, according to the Discover Small Business Watch.

January 29, 2008

Hudson Employment Index(SM) Remains at Record Low in January

The Hudson Employment Index(SM) held steady in January as worker confidence decreased by only three-tenths of a point to 89.0.

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January 29, 2008

Economic Stimulus Package Gets Lukewarm Reception From Voters

Forty-one percent (41%) of American voters favor the economic stimulus package agreed to by the President and the House of Representatives. A Rasmussen Reports national telephone survey found that 26% oppose it while 33% are not sure.

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January 25, 2008

Capitalism Doesn't Work, Mr. Gates? A Commentary by Lawrence Kudlow

Bill Gates, bloviating at the World Economic Forum in Davos, Switzerland, is issuing a clarion call for a "kinder capitalism" to aid the world's poor. Gates says he has grown impatient with the shortcomings of capitalism. He thinks it's failing much of the world. This, of course, from a guy who's worth around $35 billion (give or take a billion).

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January 23, 2008

54% Say Tax Cuts Help Economy

As economic worries mount, 54% of American voters believe that tax cuts generally help the economy. A Rasmussen Reports national telephone survey found that just 15% believe tax cuts are bad for the economy.

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January 22, 2008

Americans Say Auto Industry Important, Foreign Companies Good for the Economy

A recent Rasmussen Reports national telephone survey found that 84% of adults consider the U.S. automobile industry at least somewhat important to the financial stability of the overall economy. That includes 39% who believe it is Very Important.

January 9, 2008

Discover (R) U.S. Spending Monitor (SM) Shows Consumer Spending Intentions Returning to Pre-Holiday Shopping Levels

With the passing of the holiday shopping season, consumers are expecting to scale back their spending in January, as ratings of the economy and their personal finances worsened.

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January 2, 2008

Los Angeles Workers More Confident in December

The Hudson Employment Index(SM) for Los Angeles climbed 2.8 points to 91.2 in December.

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January 2, 2008

San Francisco Confidence Plunges to Record Low

After rebounding in November, the Hudson Employment Index (SM) for San Francisco plummeted 16.7 points to a record low of 74.2.

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January 2, 2008

CA Workers' Confidence Hits Another Record Low

After hitting a record low in November, the Hudson Employment Index (SM) for California workers fell another 4.7 points to 89.8 in December.

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January 2, 2008

More Expected Hiring Encourages Healthcare Workers

After last month’s dramatic drop, the Hudson Employment Index (SM) for healthcare workers inched up 1.7 points to 91.9 in December.

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January 2, 2008

Job Security Concerns Continue to Diminish in Boston

While worker confidence was slipping in most parts of the country, the Hudson Employment Index (SM) for Boston inched up .5 points to 92 in December.

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January 2, 2008

Dallas-Ft. Worth Bucks National Trend, Worker Confidence Up

While worker confidence sunk for most of the nation in December, the Hudson Employment Index (SM) for Dallas-Ft. Worth rose 6.6 points to 109.4.

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January 2, 2008

Accounting & Finance Workers Continue to Lose Hope

Confidence among accounting and finance workers fell for the fifth consecutive month in December, as the group’s Hudson Employment Index (SM) slipped 2.5 points to 90.5.

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January 2, 2008

Chicago Worker Confidence Keeps Falling in December

Following November’s dramatic drop, worker confidence in Chicago fell once again in December.