Best February for job creation since recession, Gallup poll implies - New York News

Best February for job creation since recession, Gallup poll implies

Updated:

By: Michael De Groote, Deseret News

Job creation is on the upswing, according to a new poll released Wednesday by Gallup. The Gallup U.S. Job Creation Index edged up in February to +21 compared to January 2014 and December 2013 when it was at +19. The February index is above the +20 average for last year. It is also the best February for job creation since the recession began around 2008.

Guerilla Stock Trading explained the numbers: "The Job Creation Index is a measure of net hiring in the U.S. February's 21 score means that approximately 36 percent of Americans say their employer is hiring, while 15 percent say their employer is letting workers go. The other 43 percent of workers report no change in hiring by their employer."

Ruth Mantell at MarketWatch, on the other hand, looked at employment stats released Wednesday by Automatic Data Processing Inc.: "Private-sector employers added 139,000 jobs last month, up from a revised 127,000 in January, but down from 205,000 in February 2013, according to ADP."

Gallup's analysis found that private sector employees were doing better than government employees in job creation. "Private-sector workers continue to report a better hiring situation than government workers, but the index for both sectors improved last month," Gallup says. "The recently passed federal budget rolls back some previous cuts, which may have contributed to the rise in federal workers who report the government is hiring. Still, the Job Creation Index for federal workers remains negative and is below the index for state and local employees and for non-government workers."

EMAIL: mdegroote@deseretnews.com

Twitter: @degroote

Facebook: facebook.com/madegroote


Original Post

Copyright 2013 Deseret Digital Media, Inc.

  • Local NewsLocal NewsMore>>

  • SummerStage: you still have time to catch a show

    SummerStage: you still have time to catch a show

    Monday, July 28 2014 10:22 PM EDT2014-07-29 02:22:53 GMT
    You've got a few more weeks to enjoy SummerStage, New York's annual performing arts showcase that's 28 years running. But it's not just music: there is dance, comedy, theater, you name it. There are several shows weekly at 14 different parks throughout the five boroughs. A recent show at Rumsey Playfield in Central Park paid tribute to Pete Seeger. Most of the shows are free and are funded by tickets purchased for the some of the bigger acts.
    You've got a few more weeks to enjoy SummerStage, New York's annual performing arts showcase that's 28 years running. But it's not just music: there is dance, comedy, theater, you name it. There are several shows weekly at 14 different parks throughout the five boroughs. A recent show at Rumsey Playfield in Central Park paid tribute to Pete Seeger. Most of the shows are free and are funded by tickets purchased for the some of the bigger acts.
  • NY teacher tenure system faces new legal challenge

    NY teacher tenure system faces new legal challenge

    Monday, July 28 2014 10:14 PM EDT2014-07-29 02:14:16 GMT
    An educational advocacy group led by former CNN journalist Campbell Brown is challenging New York state's teacher tenure system, filing a lawsuit Monday that alleges that job protections unfairly shield bad teachers. Seven parents of public school children from New York City and Rochester are the plaintiffs in the lawsuit, filed in Supreme Court in Albany.
    An educational advocacy group led by former CNN journalist Campbell Brown is challenging New York state's teacher tenure system, filing a lawsuit Monday that alleges that job protections unfairly shield bad teachers. Seven parents of public school children from New York City and Rochester are the plaintiffs in the lawsuit, filed in Supreme Court in Albany.
  • 2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    Monday, July 28 2014 10:10 PM EDT2014-07-29 02:10:52 GMT

    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.

    Two deputy U.S. marshals and an NYPD detective were seriously wounded in a shootout with a fugitive sexual assault suspect in the West Village in Manhattan, officials said. The shootout happened in smoke shop called Smoking Culture on West 4th Street near Jones Street.


Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices