Report: Accounting & Finance Workers Upbeat

New York (March 8, 2004) -- While workers nationwide are growing more optimistic about the employment outlook, accounting and finance workers are even more upbeat, according to a report by professional staffing firm Hudson.

Nationally, U.S. workers grew more optimistic about the employment outlook in February, according to Hudson. Hudson's Employment Index, which had a baseline value of 100.0, rose to 106.9 in March, up from 105.4 last month. Hudson attributed the increase to the number of employed respondents who indicated that their next job would be better (52 percent up from 43 percent in January). In comparison, the index for accounting and finance employees in the same month was 118.2.

Additionally, more than a third of accounting and finance employees (36 percent) expect their employers to hire in the next few months, compared with 31 percent of workers nationally.

Accounting and finance appear to be happier in their jobs as well -- 77 percent said they are happy in their current job, compared with 70 percent of workers nationwide. Only 21 percent of accounting and finance workers are looking for another job, versus 29 percent of national workers.

There may be a few reasons accounting and finance workers are happier in their jobs than other employees: Nearly all of those surveyed (96.5 percent) said they feel that they make a personal and direct contribution to their organization’s success. And 71 percent said their work environment motivates them to do more than is required. They also feel secure -- only 17.5 percent are worried about losing their job.

-- WebCPA staff

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