Increased Hiring Expectations Boost Chicago Worker Confidence
Confidence among Chicago workers rose in February after a two-month decline. The city’s Hudson Employment Index (SM) is 6.3 points higher than January at 98.7. An increase in hiring expectations and improved sentiment regarding personal finances triggered the uptick. The city’s reading is virtually the same as last February’s when it registered 98.5. The composite Index, which is based on responses from approximately 9,000 workers nationwide, rose 2.9 points this month to 107.1.