Accounting and Finance Workers Show More Confidence in April

Worker confidence among accounting and finance professionals increased 2.0 points, to 110.8, during April, according to the Hudson Employment Index. This reading is significantly higher than last April’s 103.7 level. The composite Index also gained 1.5 points to register 107.7.


Low Cost Accounting Software Support

Provider of low cost support, consulting, training and custom report writing for MAS 90, MAS 200 and MAS 500 accounting software systems. Call us toll free at 1-866-762-3990 to learn how we can help.

The Hudson Employment Index for accounting and finance workers showed:

  • While one-quarter of employees expected lay offs in March (a record-high), the concern leveled off this month, as only 20 percent of workers reported that sentiment in April.
  • The number of workers reporting their organizations had plans to hire rose from 31 percent the previous month, to 37 percent in April.
  • Workers are less confident in their finances, however, as the number rating their situations as excellent dropped four points, to 17 percent.
  • Nearly three-quarters of workers were happy with their jobs in March, but only 70 percent made the same claim in April.

“Rising energy prices and interest rates may overshadow the optimism employees have in the labor market in coming months,” Steve Wolfe, executive vice president, Hudson, North America, said in a prepared statement announcing the composite results. “While we don’t expect worker confidence to fall dramatically, we are likely to see a softening as people struggle with greater day-to-day financial strain.”

The April Hudson Employment Index is based on telephone surveys of 9,619 working Americans. The margin of sampling error for a survey based on this number of interviews is approximately +/-1 percent, with a 95 percent level of confidence. The data is not seasonally adjusted. The Index tracks aggregate employment trends regarding career opportunities, hiring intentions, job satisfaction and retention. The data is compiled monthly by Rasmussen Reports, LLC, an independent research firm. Results are segmented into 11 cities and five occupational sectors. The Index also measures employee confidence by age, gender, race, and compensation. Next month’s Index will be released on May 31.

Information regarding previous Hudson Employment Index results for accounting and finance professionals can be found at:
Confidence Slips Among Accounting and Finance Professionals and
Accounting Professional Confidence & Hiring Projections Increase Slightly.

You may like these other stories...

For the first time in the five-year history of’s rankings of the top 50 accounting firms to work for in North America, a firm has held the top spot as best accounting employer for two consecutive years....
With complex financial issues playing a larger role in litigation, and people increasingly turning to CPA experts to involve themselves in everything from criminal investigations to shareholder disputes to uncovering assets...
 Event Date: April 24, 2014 In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel. David will introduce the Macro Recorder, which transforms actions...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.