Worker confidence in the U.S. labor market remained strong in April as the Hudson Employment Index(SM) climbed 1.5 points to 107.7. The April reading, which is 5.3 points higher than this time last year, was fueled by a surge in hiring expectations among employees and managers.
The number of workers expecting their employers to boost headcount in the coming months rose two points in April to an all-time high of 34 percent. Private sector workers were even more optimistic with 40 percent expecting their firms to add staff.
Coming off of a 15-month high of 108.2 in February, the Hudson Employment IndexSM fell two points in March to 106.2. While none of the factors influencing the Index reported any noteworthy changes, there was a slight easing of optimism virtually across the board.
One-quarter (23 percent) of U.S. workers who use a computer at work admit to having searched for a new job on their companies' time and resources, according to a new survey by Hudson.
Hudson Employment IndexSM climbed to 108.2 in February, up 5.6 points from January’s 102.6 reading.
Hudson Employment Index, compiled each month by Rasmussen Reports, LLC, earned PR Week’s 2006 award for the most effective use of research to achieve company communication goals. The Hudson Index, which first appeared in January 2004, has become a leading directional indicator of the country’s job creation performance and unemployment rate.
The Hudson Employment IndexSM remained on par with December’s 103.4 reading as U.S. worker confidence slipped just .8 points to 102.6 in January.
One in three workers claims that the most recent employer-provided training they attended probably was not worth their time, according to results of a national survey of 1,674 employees conducted by Hudson. In fact, 12 percent say their most recent training session was a total waste of time.
The Rasmussen Index, which measures the confidence of consumers on a daily basis, finds that the Republican level of economic confidence is nearly twice as high as Democrats. Confidence among the GOP faithful is measured at 160.3. This compares to a Rasmussen Index reading of 85.2 for Democrats. Those not affiliated with either party are in the middle at 105.9.
Overall perceptions of the economy have been improving in recent months, but Republicans and Democrats continue to view the economy from entirely different perspectives. Republicans see a glass that is more than half full while Democrats see one that is almost empty.
The outlook on employment conditions among U.S. workers grew more positive in January as the Hudson Employment IndexSM, rose 2.6 points to 106.2. The upward move reflects greater optimism about personal finances, higher job satisfaction and fewer concerns about job cuts.
Sixty-eight percent (68%) of American Investors say their personal investment portfolios are worth more today than they were a year ago. A Rasmussen Reports survey found that 25% of Investors believe their portfolios declined in value.
During 2004, for the first time ever, the Rasmussen Consumer Index stayed above the 100 mark all year. The Index reached its all time high of 127.0 during the first week of the year, fell to a low of 104.6 in May, and closed the year at 114.2.
The Hudson Employment IndexSM climbed to 103.4 from 100.1 in December, reflecting a substantial increase in the confidence of U.S. workers.
After undergoing a steady rise since June, the Hudson Employment Index (SM) declined to 106.9 in September, marking a two point decrease from its previous reading of 108.9. Its fall reflects a significant drop in employee confidence in the labor market in the last month.
The Hudson Employment Index (SM) continued its ascent in August to 108.9, marking a half-point increase from July and revealing another small, yet steady rise in employee confidence in the labor market.
Among U.S. workers who use computers on the job, an overwhelming majority (91 percent) believe that their employers provide them with the computers and technical tools they need to do their jobs effectively, according to a new national Hudson technology survey.
The Hudson Employment Index (SM) continued its ascent in July, reaching a record high of 108.4 for the year and surpassing all previous ratings for the second month in a row.
Fifty-one percent (51%) of American workers say they receive equal pay for equal work, whereas 37% do not.
In Texas, the Hudson Employment Index fell three points in June to 107.4. That's down from110.3 a month ago, but up from 103.2 the month before.
