Confidence in the employment market among workers in accounting and finance surged in January, ending a three-month decline, staffing firm Hudson reported.
The Hudson Employment Index for the accounting and finance sector jumped 4.5 points to 115 in January, up from 110.5 in December and from 112.1 a year ago, while Hudson's national index for all workers rose 2.6 points to 106.2.
Hudson said that the rise in optimism among the accounting and finance workforce could be attributed to a number of factors.
The industry experienced a rise in job satisfaction last month, as the percentage of accounting and finance workers happy with their jobs rose five points to 75 percent. In addition, fewer workers are reporting lay offs, as the percent expecting their employers to cut staff in the coming months fell from 22 percent in December to 17 percent in January.
Accounting and finance employees are also feeling better about their personal finances, with 35 percent indicating that their situation was worsening, compared to 37 percent who made that claim in December.
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