Layoff Expectations Hit Record Low among Legal Workers
Despite much turmoil witnessed in the current economy, workers in the legal sector remained confident in August. Their Hudson Employment Index (SM) inched up .8 points to 118.6. Less concern over layoffs and increased job security was offset by a drop in job satisfaction. The group’s latest reading is also higher than last August’s Index of 114.2. The composite Index, based on responses from approximately 9,000 workers across all sectors, plunged 6.6 points in August to 99.2.