Workers Confidence Continues Stumbling in Philadelphia
Worker confidence fell for the fourth consecutive month in Philadelphia, as the city’s Hudson Employment Index (SM) edged down 1.6 points to 92.5. The city’s reading has dropped more than 16 points since April. Nevertheless, Philadelphia’s latest Index is well above last August’s 87.5. The national Index based on responses from approximately 9,000 workers nationwide, tumbled 6.6 points in August to 99.2.