San Francisco Workers Expect Less Hiring, More Layoffs
After a substantial jump in March, the Hudson Employment Index (SM) for San Francisco recorded a minimal gain of .8 points to 107.3 in April. Improved financial sentiments were offset by less expected hiring and more expected layoffs. The city’s latest measure of worker confidence is stronger than last April’s 105.8. The composite Index, based on responses from approximately 9,000 workers nationwide, fell 1.5 points to 107.5 in April.