LA Workers Encouraged by Hiring Plans in July
Ending a four-month downward skid, the Hudson Employment Index (SM) for Los Angeles rose 4.5 points to 99.6 in July. Renewed confidence in hiring and personal finances contributed to the increase. The latest reading is in line with last July’s 98.7. The composite Index, which is based on responses from approximately 9,000 workers nationwide, also rose 4.6 points to 105.8 in July.