US IT Workers Expect Layoffs; Confidence Slides in December. The Hudson Employment IndexSM for IT Workers Falls 6 Points
17/01/2007
Worker confidence among IT professionals decreased in December after hitting a 2006-high last month as the group’s Hudson Employment IndexSM fell six points to 109.8. A substantial rise in expected layoffs and decreased job satisfaction spurred the decrease. The latest reading is also down 5.5 points from last December. The national Index, based on responses from approximately 9,000 workers nationwide across all industries, also fell, dropping 2.6 points to 102.7.

The Hudson Employment Index for IT workers also showed:

* The number of workers expecting layoffs increased substantially in December, with 22 percent expecting a reduction in headcount from their employers, up eight points from November.

* Fewer workers were satisfied with their jobs in December (74 percent), as there was a three percent slide from the number who reported being happy at work in November (77 percent).

* More workers were worried about losing their job in December (23 percent) than in November (21 percent).

 About Hudson

Hudson (NASDAQ: HHGP) is a leading provider of management recruitment, contract professionals and talent management services worldwide. From single placements to total outsourced solutions, Hudson helps clients achieve greater organizational performance by assessing, recruiting, developing and engaging the best and brightest people for their businesses. The company employs more than 3,600 professionals serving clients and candidates in more than 20 countries. More information is available at www.hudson.com .