CA Workers’ Confidence Falls as Concerns Over Layoffs Continue
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.