When it comes to safeguarding a family's financial future, women have less life insurance coverage than men despite more awareness, according to a new survey by COUNTRY Insurance & Financial Services.
The Hudson Employment Index (SM) for healthcare workers fell 6.8 points to 104.3 in April. A decrease in expected hiring, increase in expected layoffs and drop in job satisfaction drove the decline. The latest Index is six points lower than last April’s reading of 110.3. The national Index, based on responses from approximately 9,000 workers across all sectors, fell 1.5 points to 107.5 in April.
After a jump in March, worker confidence among accounting and finance workers dropped in April, as the group’s Hudson Employment Index (SM) slid 17.6 points to 104.0. More workers saying their finances are getting worse and decreased job satisfaction had the greatest impact on the fall. The latest reading for this group of workers is 6.8 points lower than last April’s reading of 110.8.
The Hudson Employment Index (SM) for New York City held steady in April, slipping just .3 points from its record high to 98.7. The latest monthly measure of worker confidence for the Big Apple is about nine points higher than last April’s 89.6. The composite Index, which is based on responses from approximately 9,000 workers nationwide, fell 1.5 points in April to 107.5.
Confidence among manufacturing workers dropped in April as the sector’s Hudson Employment Index (SM) fell 4.4 points to 94.4. Increased worry over job loss and decreased job satisfaction drove the decline. The latest reading is virtually unchanged from last April’s reading of 95.1. The national Index, based on responses from approximately 9,000 workers across all sectors, fell 1.5 points to 107.5 in April.
After a substantial jump in March, the Hudson Employment Index (SM) for San Francisco recorded a minimal gain of .8 points to 107.3 in April. Improved financial sentiments were offset by less expected hiring and more expected layoffs. The city’s latest measure of worker confidence is stronger than last April’s 105.8. The composite Index, based on responses from approximately 9,000 workers nationwide, fell 1.5 points to 107.5 in April.
Worker confidence in Minneapolis-St. Paul cooled from a record high in April, as the Hudson Employment Index (SM) for the Twin Cities fell 7.2 points to 106.9. All factors contributing to the measure of worker confidence declined; however the latest reading is well above last Aprils’ 98.9.
Worker confidence in Philadelphia continued climbing in April, as the city’s Hudson Employment Index (SM) jumped 9.9 points to 108.6. This marks the city’s sixth consecutive month of improved employee sentiment. Greater hiring expectations coupled with improved perceptions of finances triggered the latest rise. Philadelphia’s most recent Index is well above last April’s reading of 102.6. In sharp contrast, the composite Index, which is based on responses from approximately 9,000 workers nationwide, fell 1.5 points in April to 107.5.
Florida workers felt less confident in April, as the state’s Hudson Employment Index (SM) fell one point to 120.1.
The Hudson Employment Index (SM) for Atlanta workers rose for the fourth straight time in April, climbing four points to 123.7. Improved job security and personal finances contributed to the city’s growing Index. Atlanta’s latest reading is more than seven points stronger than one year ago, when it was 116.6. The composite Index, which is based on responses from approximately 9,000 workers nationwide, fell 1.5 points to 107.5 in April.
Worker confidence in Pennsylvania continued to rise in April, as the state’s Hudson Employment Index (SM) jumped 8.6 points to 111.2. More expected hiring and reduced concerns about job loss contributed to the increase. The latest measure of worker sentiment is also higher than last April, when the state’s Index was 104.3.
Ohio worker confidence fell in April, as the state’s Hudson Employment Index (SM) slid 6.4 points to 99.1. Almost all factors contributing to the Index recorded negative movement. The state’s latest Index is also lower than last April, when it was 100.4. The national Index, based on responses from approximately 9,000 workers across the country, fell 1.5 points to 107.5 in April.
Tampa worker confidence remained virtually unchanged in April, as the city’s Hudson Employment Index (SM) inched up .7 points to 113.3. Despite the city’ Index being stagnant, job loss concerns increased notably. Tampa’s latest Index is below last April’s reading of 117.3. The composite Index, based on responses from approximately 9,000 workers nationwide, fell 1.5 points to 107.5 in April.
Worker confidence rose among both Hispanic and African-Americans in April. The monthly Hudson Employment Index (SM) for Hispanics climbed 3.9 points to 105.3, while the reading for African-Americans rose for the third straight month, gaining 2.3 points to register 96.8 in April. The composite Index, based on responses from approximately 9,000 workers across all races and ethnicities, fell 1.5 points to 107.5.
Worker confidence in California decreased in April as the state’s Hudson Employment Index (SM) fell 2.7 points to 110.2. An increase in expected layoffs and less job satisfaction drove the decline, but were offset by greater hiring expectations. California’s latest Index is also below last April’s reading of 115.1. The national Index, based on responses from approximately 9,000 workers across the country, fell 1.5 points to 107.5 in April.
Worker confidence fell in Washington, DC, as the city’s Hudson Employment Index (SM) descended 1.3 points to 108.1 in April. A decrease in hiring expectations and concern over job loss contributed to the fall. The city’s latest measure of worker confidence is down substantially from last April, when DC’s Index registered 118.4. The composite Index, based on responses from approximately 9,000 workers nationwide, fell 1.5 points to 107.5 in April.
Worker confidence in LA dropped for the second consecutive month in April, as the city’s Hudson Employment Index declined 7.2 points to 104.5.
After hitting a record high in March, the Hudson Employment Index (SM) for Chicago workers fell 4.5 points to 102.3. Heightened financial concerns largely impacted the monthly measure of worker confidence’s decline. Despite the drop, the Windy City’s latest reading is dramatically higher than its April 2006 reading of 90.6. The composite Index, which is based on responses from approximately 9,000 workers nationwide, also fell 1.5 points in April to 107.5.
Rising for the third consecutive month, the Hudson Employment Index (SM) for Dallas climbed 5.9 points to a record high of 123.9 in April. The city’s latest measure of worker confidence is dramatically higher than one year ago, when it was just 102.1. In contrast, the composite Index, which is based on responses from approximately 9,000 workers nationwide, fell 1.5 points in April to 107.5.
Boston workers’ confidence took another hit this April as the city’s Hudson Employment Index (SM) dropped 3.1 points to 94.2. Heightened financial concerns contributed to the second consecutive decline in the monthly measure of worker confidence. Boston’s latest Index is nearly 10 points shy of its April 2006 reading of 103.7. The composite Index, which is based on responses from approximately 9,000 workers nationwide, also fell 1.5 points in April to 107.5.
