Americans have lost confidence in their personal level of financial security, but it does not seem to have dampened their optimism about the year ahead. That's according to the survey for this month's COUNTRY Financial Security Index.
Just 25% of Americans blame “Wall Street Investors” for the nation’s current problems with subprime mortgages and foreclosures.
Ending three consecutive months of declines, the Hudson Employment Index (SM) for Minneapolis-St. Paul inched up 1.1 points to 90 in November.
After rebounding last month, Pennsylvania’s Hudson Employment Index (SM) plunged 13.5 points to 94.5.
Ohio worker confidence slipped for the third consecutive month in November, as the state’s Hudson Employment Index (SM) dropped 4.1 points to 93.0.
The Hudson Employment Index (SM) for Washington, D.C. fell 8.2 points in November to 100.6. Less expected hiring on top of growing financial concerns caused the drop.
Worker confidence posted a significant rise in Tampa – St. Petersburg in November, the first for the area since January. The market’s Hudson Employment Index (SM) rose 4.8 points to 89.8.
The Hudson Employment Index (SM) for Dallas-Ft. Worth sunk in November, dropping 6.1 points to 102.8. An increase in financial concerns coupled with decreased hiring expectations drove this decline.
Worker confidence fell in Boston in November, as the city’s Hudson Employment Index (SM) slipped 1.8 points to 91.5.
Confidence among accounting and finance workers fell for the fourth consecutive month, as the group’s Hudson Employment Index (SM) slid 16 points to 93.0 in November.
Ending a five month skid, the Hudson Employment Index (SM) for San Francisco rose 2.5 points to 90.9 in November. Less concern around finances and job security triggered the up-tick.
Workers in Texas were less confident in November, as the state’s Hudson Employment Index(SM) plummeted 14 points to 109.1. Less expected hiring and more layoffs drove the fall. The latest reading is also substantially lower than last November’s Index of 120.1.
After recovering in October, worker confidence in Florida plunged in November, as the state’s Hudson Employment Index(SM) fell 8.5 points to 96.5. An increase in expected layoffs and worsened financial sentiments drove the decline.
Worker confidence hit a record low in Philadelphia, as the city’s Hudson Employment Index(SM) plummeted 11 points to 82.1. Concerns around hiring and personal finances contributed to the drop. The city’s latest monthly measure of worker sentiment is 5.5 points lower than last November’s 87.6.
The Hudson Employment Index(SM) for New York City slipped 1.2 points to 91.8 in November. Less expected hiring and more layoffs triggered the decline. Despite the dip, NYC’s latest measure of worker confidence is well above last November’s 83.5.
After several months of steady increases, worker confidence in Chicago plummeted in November. The city’s Hudson Employment Index(SM) fell 16.6 points to 80.8. The Windy City’s latest measure of worker confidence is dramatically lower than last November’s 99.6. The national Index, based on responses from approximately 9,000 workers, plunged 8.9 points to 91.9, the lowest reading on record.
The Hudson Employment Index (SM) for Los Angeles fell 5.9 points to 88.4 in November, the lowest reading on record for this market. Concerns about job cuts and finances contributed to the decline.
The Hudson Employment Index(SM) for Atlanta fell in November, dropping 8.3 points to 100.4. An increase in anticipated layoffs coupled with worry over job loss drove the decline. The city’s latest reading of worker sentiment is almost 15 points lower than last November’s Index of 115.0.
The Hudson Employment Index(SM) for healthcare workers reached a record low, as it declined 14.5 points to 90.2 in November. Growing concerns over job security and finances contributed to this decline.
Confidence among manufacturing workers declined in November, as the sector’s Hudson Employment Index(SM) fell 4.8 points to 83.0. Increased financial concerns and less job security were offset by increased hiring expectations.
