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- Oct 20, 2008
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Hiring at U.S. Workplaces Jumps in March
Monthly Job Creation Index rises four percentage points, now highest since mid-2008
by Lydia Saad
PRINCETON, NJ -- U.S. job market conditions in March reached their best level since August 2008, with Gallup's Job Creation Index now at +18, up from +14 in February. This four-percentage-point increase is the largest one-month jump in the index that Gallup has recorded since instituting the measure in 2008.
Reported Hiring Is Best Since September 2008
The March Job Creation Index reflects 35% of U.S. adult workers saying their employers are hiring and expanding the size of their workforces, and 17% saying their employers are letting workers go and reducing the size of the workforces. While the percentage letting go matches what Gallup found in January, the percentage hiring is at a 42-month high, last seen in September 2008.
Monthly Job Creation Index rises four percentage points, now highest since mid-2008
by Lydia Saad
PRINCETON, NJ -- U.S. job market conditions in March reached their best level since August 2008, with Gallup's Job Creation Index now at +18, up from +14 in February. This four-percentage-point increase is the largest one-month jump in the index that Gallup has recorded since instituting the measure in 2008.
Reported Hiring Is Best Since September 2008
The March Job Creation Index reflects 35% of U.S. adult workers saying their employers are hiring and expanding the size of their workforces, and 17% saying their employers are letting workers go and reducing the size of the workforces. While the percentage letting go matches what Gallup found in January, the percentage hiring is at a 42-month high, last seen in September 2008.
