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Worker confidence fell further in September, according to the
The number of workers expecting their employer to increase headcount fell two points to 28%, the lowest since the worker confidence index began in December 2003. The number of workers saying their employers had no plans to change their workforce size rose two points to 50%.
"On the one hand, the Federal Reserve lowered interest rates by half a point this month, which has helped to ease credit fears for now," said Robert Morgan, president of Talent Solutions, Hudson. "However, many companies seem to be putting their hiring plans on hold until they know how the remaining months of the year are going to fare."
The index is based on monthly telephone surveys with approximately 9,000