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>>

  • CEO resigns Conn. company over dog abuse

    CEO resigns Conn. company over dog abuse

    Tuesday, September 2 2014 7:05 PM EDT2014-09-02 23:05:35 GMT
    Sports catering business Centerplate has announced that its chief executive has resigned following widespread criticism over images from an elevator security camera showing he kicked a friend's dog and pulled...
    Sports catering business Centerplate has announced that its chief executive has resigned following widespread criticism over images from an elevator security camera showing he kicked a friend's dog and pulled hard on...
  • Subway bedbug infestations on the rise

    Subway bedbug infestations on the rise

    Tuesday, September 2 2014 6:32 PM EDT2014-09-02 22:32:13 GMT
    It appears the subway bedbug problem we've been reporting is getting worse. Commuters already have to contend with sweltering platforms, scurrying rats and packed train cars, and now there's another transit woe: fear of bedbugs.
    It appears the subway bedbug problem we've been reporting is getting worse. Commuters already have to contend with sweltering platforms, scurrying rats and packed train cars, and now there's another transit woe: fear of bedbugs.
  • Crash in Lincoln Tunnel causes major delays

    Crash in Lincoln Tunnel causes major delays

    Tuesday, September 2 2014 3:06 PM EDT2014-09-02 19:06:51 GMT
    One of the tubes of the Lincoln Tunnel was closed for nearly four hours after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says three people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.
    One of the tubes of the Lincoln Tunnel was closed for nearly four hours after a chain-reaction accident involving a New York-bound jitney bus and two other vehicles. Port Authority of New York and New Jersey spokesman Steve Coleman says three people were reported injured in the accident in the center tube at about 8:30 a.m. Tuesday.

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 | New Terms of Service What's new | Ad Choices