IT Workers Less Confident in August
After rebounding in July, IT worker confidence dropped again in August. This group’s Hudson Employment Index (SM) fell 7.6 points to 105.1. Worsened financial sentiments drove the decrease, but were offset by an increase in expected hiring. The latest reading, however, is two points higher than the reading a year ago, when the Index for IT workers was 103.1. The composite Index, based on responses from approximately 9,000 workers across all sectors, plunged 6.6 points in August to 99.2.