Lower Job Satisfaction Prompts Year-End Decline in Worker Confidence
Hudson Employment Index(SM) Falls 2.6 Points

The Hudson Employment Index(SM) fell 2.6 points to 102.7 in December, primarily as a result of lowered job satisfaction and increased job loss concerns. The monthly measure lost ground following a nearly four-point rise in November. It also fell short of last December's 103.4 Index. Despite the decline, hiring expectations held steady and December's Index was generally in line with readings throughout the second half of the year.

Job Satisfaction Dips Noticeably

Just 73 percent of workers said they were happy with their current job, a two-point drop from November and the lowest reading since August 2005. Last year at this juncture, 75 percent of workers expressed job satisfaction.

"Finding a new job tops many workers' new year's resolutions," said Steve Wolfe, senior vice president, Hudson. "Increased job dissatisfaction, coupled with extremely low unemployment, suggests many workers are poised to explore new career options in 2007." Last month, a Hudson survey found that 39 percent of workers were very or somewhat likely to look for a new job in 2007.

Job Loss Concerns Temper Steady Hiring Expectations

Expected hiring remained steady in December as 30 percent of workers anticipated their firms would hire in coming months. However, the number of workers worried about losing their jobs rose from 17 to 18 percent this month. This trend was exacerbated among private firm managers, who reported a three-point increase in job loss concerns, as well as a three-point increase in expected layoffs.

Personal Finance Sentiments Take a Slight Hit During the Holiday Season

Evaluations of personal finances also took a slight hit in December, with workers who said they were good or excellent falling one percent to 44 percent and those who said their finances were getting better also falling one percent, to 41 percent. These sentiments contrast with the same time last year, when financial ratings and expectations both rose noticeably at year-end.

The Index closed 2006 with a 103.7 average, compared to a 2005 average of 101.5. "Despite the downturn in worker confidence at the end of the year, 2006's average ended more than two points higher than 2005's -- not a bad showing, all in all," summarized Wolfe.

                   All Workers    All Workers    All Workers   All Workers
                  December 2006  November 2006  Average 2006  December 2005
                  -------------  -------------  ------------  -------------
Hudson Employment
 Index                102.7          105.3          103.7        103.4
Happy with Job         73%            75%            74%          75%
Worried about
 Losing job            18%            17%            19%          20%
Expected Hiring        30%            30%            31%          30%
Expected Layoffs       15%            15%            16%          17%
Finances Getting
 Better                41%            42%            41%          43%

Hudson, one of the world's leading professional staffing, outsourcing and talent management solutions providers, publishes the Hudson Employment Index, a monthly measure of U.S. worker confidence in the employment market. Results are not seasonally adjusted. Next month's Hudson Employment Index will be released on January 31, 2007.

The Hudson Employment Index

The Hudson Employment Index (www.Hudson-Index.com) is based on monthly telephone surveys with approximately 9,000 U.S. workers. The Index tracks aggregate employment trends regarding career opportunities, hiring intentions, job satisfaction and retention. The data is compiled each month by Rasmussen Reports, LLC, an independent research firm (www.RasmussenReports.com).

Survey results are segmented by 11 cities: Atlanta, Boston, Chicago, Dallas, Los Angeles, Minneapolis-St. Paul, New York, Philadelphia, San Francisco, Tampa, and Washington, D.C. The Index surveys five occupational sectors: accounting and finance, health care, information technology, manufacturing and legal. The Hudson Employment Index also measures employee confidence by age, gender, race and compensation.

Data reported in this release is based on a national telephone survey of 9,288 working Americans during the month of December. The margin of sampling error for a survey based on this number of interviews is approximately +/-1 percent with a 95 percent level of confidence. The data is not seasonally adjusted. It will be reviewed at year-end to determine if seasonal adjustments are appropriate. The Hudson Employment Index is a service mark owned by Hudson Highland Group, Inc.

About Hudson

Hudson (NASDAQ: HHGP) is a leading provider of permanent 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

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

Sarah Kafenstok
(312) 795-4202
Email Contact

Anshula Ahluwalia
Ogilvy Public Relations
(312) 397-6074
Email Contact

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