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October 5, 2007

Manufacturing Workers’ Confidence Continues to Weaken

Confidence among manufacturing workers fell in September, as the sector’s Hudson Employment Index (SM) slipped 2.3 points to 82.8. The Index for this group has been steadily decreasing since June, and has fallen over 16 points in that time. The latest reading is also lower than last September’s reading of 86.1. The composite Index, based on responses from approximately 9,000 workers across all sectors, dropped for the second month in a row, falling 2.1 points in September to 97.1.

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October 5, 2007

IT Workers Happy and Secure in September

IT workers felt more confident in September, as the group’s Hudson Employment Index (SM) jumped 9.5 points to 114.6. Increased job satisfaction, greater sense of job security, and improved financial sentiments drove the increase. The latest reading is also 5.3 points higher than a year ago, when it came in at 109.3. The composite Index, based on responses from approximately 9,000 workers across all sectors, dropped for the second month in a row, falling 2.1 points in September to 97.1.

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October 5, 2007

Record Low Hiring Expectations Dwindle LA Worker Confidence

The Hudson Employment Index (SM) for Los Angeles fell 3.1 points to 93.3 in September. Fewer hiring expectations and more anticipated layoffs were offset by an increase in satisfaction with finances. The city’s latest Index is more than seven points lower than last September’s score of 100.6. The composite Index, which is based on responses from approximately 9,000 workers nationwide, dropped for the second month in a row, falling 2.1 points in September to 97.1.

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October 5, 2007

Hiring and Job Security Concerns San Francisco Workers in Sept

The Hudson Employment Index (SM) in San Francisco slipped 2.2 points to 93.5 in September, marking the fourth consecutive decline for the city’s measure of worker sentiment. Steady declines in expected hiring and workers’ sense of job security have contributed to the Index’s downfall. The city’s Index registered 100.2 at this time last year. The composite Index, which is based on responses from approximately 9,000 workers nationwide, declined for the second consecutive month in September, falling 2.1 points to 97.1.

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October 5, 2007

CA Workers’ Confidence Up, but Hiring at All-Time Low

Worker confidence edged up in California, as the state’s Hudson Employment Index (SM) climbed 1.9 points to 102.2 in September. An increase in most factors triggered the up-tick, but hiring expectations fell to a record low this month. California’s latest monthly measure of worker confidence is five and a half points shy of last September’s Index. The national Index, based on responses from approximately 9,000 workers across the country, declined for the second consecutive month in September, falling 2.1 points to 97.1.

October 5, 2007

66% Say Anyone Willing to Sweat a Little Can Make a Decent Living in U.S.

Sixty-six percent (66%) of all likely voters believe that "just about anyone who is willing to work hard" can make a decent living in this country; 28% disagree and say that’s not the case.

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October 4, 2007

Discover U.S. Spending Monitor rises slightly in September

The Discover (R) U.S. Spending Monitor(sm) rose slightly in September as consumers reported having more money left over after paying debts and less concern about unexpected expenses or shortfalls in income.

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October 3, 2007

Record Low Hiring Expectations Drive Decline in the Hudson Employment Index (SM)

On the heels of August’s large drop, the Hudson Employment Index (SM) fell another 2.1 points to 97.1 in September.

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September 24, 2007

Small Business Economic Confidence at Lowest Point in Past Year

Economic confidence among small business owners fell to its lowest point in a year in September marked mainly by increasing cash flow issues, according to the Discover (R) Small Business Watch(SM).

September 22, 2007

41% Know Greenspan Criticized Bush on Fiscal Policy

In “The Age of Turbulence: Adventures in a New World,” Alan Greenspan criticizes President Bush and Congressional Republicans for spending too much and running up large federal deficits.

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September 6, 2007

CA Workers’ Confidence Tumbles in August

Worker confidence stumbled in California in August, as the state’s Hudson Employment Index SM fell 8.8 points to 100.3. This is the lowest reading since September 2005. Concern around finances and hiring, as well as lower levels of job satisfaction, triggered the drop. California’s latest monthly measure of worker confidence is more than ten points lower than last August’s reading. The national Index, based on responses from approximately 9,000 workers across the country, also plunged 6.6 points to 99.2.

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September 6, 2007

Deteriorating Finances Hinder Accounting & Finance Workers’ Confidence

Worker sentiment has resembled a rollercoaster ride for finance and accounting workers so far this year. After rebounding in July, confidence dropped seven points for this group in August, with their Hudson Employment Index (SM) registering at 113.1. Greater financial concerns drove the decline. The latest reading for this group is virtually the same as last August’s reading of 112.5. The composite Index, based on responses from approximately 9,000 workers across all sectors, plunged 6.6 points in August to 99.2.

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September 6, 2007

Ohio Worker Confidence Hits Near Record High in August

Ohio workers were more optimistic for the second consecutive month in August, as the state’s Hudson Employment Index (SM) climbed 2.8 points to 109.6. This is the highest reading for the state in nearly three years. Improved perceptions of finances and less expected job cuts triggered the improvement. The state’s latest Index is more than ten points above last August’s 98.7. The national Index, based on responses from approximately 9,000 workers across the country, plunged 6.6 points to 99.2.

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September 6, 2007

Layoff Plans Concern PA Workers in August

Worker confidence in Pennsylvania declined for the second month in a row in August, as the state’s Hudson Employment Index (SM) slipped 2.2 points to 102. Concerns around finances and job cuts triggered the decline. The state’s latest Index is five points above last August’s reading of 97. The national Index, based on responses from approximately 9,000 workers across the country, plunged 6.6 points to 99.2.

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September 6, 2007

Texas Workers Less Confident About Finances in August

Workers in Texas were slightly less optimistic in August, as the state’s Hudson Employment Index SM slipped 1.4 points to 124.4. Fears around personal finances triggered the decrease. The latest reading is shy of last August’s 126.5. The national Index, based on responses from approximately 9,000 workers across the country, plunged 6.6 points to 99.2.

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September 6, 2007

Dallas Worker Confidence Plummets in August

Dallas worker confidence took a nosedive, as the Hudson Employment Index (SM) fell 11.6 points to 109.1 in August. The city’s latest Index is just over a point shy of last August’s 110.3. The national Index, based on responses from approximately 9,000 workers, plunged 6.6 points to 99.2.

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September 6, 2007

Hiring Plans Hit Record High in NYC in August

New York City worker confidence rose for the second consecutive month in August, as the city’s Hudson Employment Index (SM) climbed 4.3 points to 97. More expected hiring and improved perceptions of finances contributed to the increase. The city’s latest Index is stronger than last August’s reading of 90.9. The national Index, based on responses from approximately 9,000 workers, plunged 6.6 points to 99.2.

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September 6, 2007

Finances and Hiring Worry San Francisco Workers in August

Worker confidence fell in San Francisco for the third month in a row in August, as the city’s Hudson Employment Index (SM) plunged 10.8 points to 95.7. Concerns relating to personal finances and hiring plans caused the decline. San Francisco’s latest Index is lower than last August’s reading of 99.2. The composite Index, which is based on responses from approximately 9,000 workers nationwide, also tumbled 6.6 points in August to 99.2.

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September 6, 2007

Confidence Up in Florida in August, Contrary to Rest of U.S.

Ending a four-month skid, worker confidence rose in Florida in August. The state’s Hudson Employment Index (SM) rose 1.7 points to 94.3 while almost all other geographies reported declines. Florida’s latest measure of worker confidence is dramatically lower than last August, when it registered 122.3. The national Index, based on responses from approximately 9,000 workers across the country, plunged 6.6 points to 99.2.

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September 6, 2007

LA Worker Confidence Wanes in August

The Hudson Employment Index (SM) for Los Angeles fell 3.2 points to 96.4 in August. Greater dissatisfaction with finances and fewer hiring expectations were offset by less concern over job loss. The latest reading is below last August’s reading of 102.2. The composite Index, which is based on responses from approximately 9,000 workers nationwide, plunged 6.6 points to 99.2.

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