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>>

  • Search for masked robbers in Caesars heist

    Search for masked robbers in Caesars heist

    Tuesday, July 22 2014 3:28 PM EDT2014-07-22 19:28:51 GMT
    The hunt is on in southern New Jersey for two suspects who made off with more than $180K from Caesars Atlantic City casino. The brazen robbers reportedly stole the cash from two plastic boxes on the casino floor. The robbery occurred on Monday at about 6 a.m. The masked robbers took off in a vehicle. The State Police Casino Gaming Bureau is handling the investigation.
    The hunt is on in southern New Jersey for two suspects who made off with more than $180K from Caesars Atlantic City casino. The brazen robbers reportedly stole the cash from two plastic boxes on the casino floor. The robbery occurred on Monday at about 6 a.m. The masked robbers took off in a vehicle. The State Police Casino Gaming Bureau is handling the investigation.
  • Long Island doctor gets 10 years in painkillers probe

    Long Island doctor gets 10 years in painkillers probe

    Tuesday, July 22 2014 3:23 PM EDT2014-07-22 19:23:37 GMT
    A New York physician has been sentenced to 10 years in federal prison for illegally distributing painkillers. Dr. Leonard Stambler of Baldwin Harbor was convicted in October 2013 of conspiracy and distribution of oxycodone. Authorities have been cracking down on the powerful painkiller following a fatal shooting during a Long Island pharmacy robbery.
    A New York physician has been sentenced to 10 years in federal prison for illegally distributing painkillers. Dr. Leonard Stambler of Baldwin Harbor was convicted in October 2013 of conspiracy and distribution of oxycodone. Authorities have been cracking down on the powerful painkiller following a fatal shooting during a Long Island pharmacy robbery.
  • Real estate heir charged for urinating on candy

    Real estate heir charged for urinating on candy

    Tuesday, July 22 2014 3:22 PM EDT2014-07-22 19:22:04 GMT
    A New York City real estate heir who admitted killing his neighbor a decade ago in Texas is facing a new charge in Houston that accuses him of urinating on candy at a drug store.Authorities say 71-year-old Robert Durst was arrested Sunday after arguing with store employees. They say he was charged with criminal mischief after urinating on at least $100 worth of candy.His attorney, Chip Lewis, said in a statement Tuesday that they will address the allegations in court.In 2001, D...
    A New York City real estate heir who admitted killing his neighbor a decade ago in Texas is facing a new charge in Houston that accuses him of urinating on candy at a drug store.Authorities say 71-year-old Robert Durst was arrested Sunday after arguing with store employees. They say he was charged with criminal mischief after urinating on at least $100 worth of candy.His attorney, Chip Lewis, said in a statement Tuesday that they will address the allegations in court.In 2001, D...
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