Worker confidence among accounting and finance professionals fell in October, as the group’s Hudson Employment Index rose one point, to 107.2. Better sentiments regarding hiring expectations and job satisfaction contributed to the improvement.
The latest reading for this group of workers is two points higher than last October’s 105.2. The national index, which measures employee confidence monthly in a survey of approximately 9,000 workers across all industries, also rose nearly one point, to 101.4.
The index for accounting and finance workers also revealed:
- A two-percentage-point increase, to 31 percent, in the number of workers expecting their company to hire;
- The number of workers concerned about job loss decreased from 18 percent, to just 14 percent; and,
- While there was a four-point drop to 34 percent among workers who said their finances were getting worse, the number of workers who described their finances as poor rose three percentage points, to 15 percent, tying the record high for the group.
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