Philadelphia Worker Confidence Climbs for Fourth Straight Month
Worker confidence in Philadelphia improved for the fourth consecutive month in February, as the city’s Hudson Employment Index (SM) rose 1.2 points to 92.8. Improved perceptions of finances prompted the uptick, but they were offset by a decrease in job satisfaction. Despite the gain, the city’s measure of worker sentiment is down over 11 points from last February, when it registered 104.1. The composite Index, which is based on responses from approximately 9,000 workers nationwide, rose 2.9 points this month to 107.1.