Accounting and Finance Workers Confidence Fell in December

The Hudson Employment Index reports that confidence among accounting and finance professional fell, with a 2006-low in December, following the record high recorded the previous month.

The group's Index of 106.0 represents a drop of 11.2 points. Personal finances and expectations for hiring were also less optimistic. Adding this trend to the attitude of fewer workers expressing job satisfaction, all added to the drop.

Even with the decline, worker confidence remains over two points higher than the 103.9 reported by this group last year at this time.

The national index is based on responses from approximately 9,000 workers, nationwide and it also registered a fall this month to 102.7, a drop of 2.6 points.

The Hudson Employment Index for accounting and finance workers also reported:

• The number of workers expecting their company to hire from November (35 percent), dropped to 29 percent, a six-point drop.
• Workers rating their finances as favorable had a substantial drop, from 58 percent in November, to 53 percent in December.
• The number of workers who are happy at their work also dropped from the November 77 percent, to 72 percent in December.

Hudson (NASDAQ: HHGP) is a leading provider of worldwide management recruitment, contract professionals and talent management services, providing anything from single placements to total outsourced solutions. Hudson employs over 3,600 professionals to serve clients and candidates in more than 20 countries.


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