Chart o’ the Day: Job Creation Gets Cooking

Some good news on the employment front from Gallup…

PRINCETON, NJ — Gallup’s U.S. Job Creation Index reached a new high in its more than six-year trend, registering +27 in May. The prior high had been +26 in the initial monthly measurement of January 2008, just as the recession was taking hold. The index is based on employee reports of hiring activity at their places of employment.

gallup job creation

The +27 index score for May is based on 40% of employees saying their employer is hiring workers and expanding the size of its workforce and 13% saying their employer is letting workers go and reducing the size of its workforce. Another 41% report no change in staffing.

Anecdotally I would confirm it, at least as far as NYC goes (which I realize is its own planet sometimes).


U.S. Job Creation Index Hits New High (Gallup)


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