Worker Confidence in CA Rebounds to Start Year
Following two months of record lows, the Hudson Employment Index (SM) for California workers climbed 6.3 points to 96.1 in January. Improved perceptions of workers’ finances and less expected job cuts triggered the rise. Nevertheless, California’s latest monthly measure of worker confidence is well below last January’s Index of 110.5. The composite Index, which is based on responses from approximately 9,000 workers nationwide, held steady at 89.0.