After cooling in February, worker confidence among accounting and finance workers jumped in March, as the group's Hudson Employment IndexSM rose 8.1 points to 121.6. Increased job satisfaction and a decrease in expected layoffs drove the rise. The latest reading for this group of workers is much higher than last March's reading of 108.8. The national Index, based on responses from approximately 9,000 workers across all sectors, climbed up 1.9 points to 109.0 in March.
The Hudson Employment Index for accounting and finance workers showed:
- More employees said they are happy with their job in March (78 percent) than in February (70 percent).
- Hiring expectations climbed for the third consecutive month, as 38 percent of employees reported that their company would be boosting headcount in the coming months, a three-point increase from February (35 percent).
- Workers were less worried about losing their job in March (16 percent) than in February (18 percent).