Concerns about pending layoffs, reduced hiring expectations and weakened confidence regarding personal finances all contributed to a decline in worker confidence in March, according to the Hudson Employment Index for accounting and finance workers.

The index for workers in the industry fell 4.2 points, to 108.8, while the national average decreased two points, to 106.2. The index measures employee confidence monthly in a survey of approximately 9,000 workers nationwide across all industries.

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