U.S. workers' reports of hiring activity stable in February
Gallup's Job Creation Index, established in January 2008, fell sharply at the end of that year and bottomed out at -5 in February 2009 as the U.S. economy reacted to the global financial crisis.
It slowly improved over the next few years and reached an eight-year high of +32 in May 2015. It remained at that level until October before falling slightly at the end of the year and has since leveled off at +29.
The results are based on interviews with 16,955 full- and part-time U.S. workers conducted from Feb. 1-29 as part of Gallup Daily tracking
Gallup asks employed workers nationwide each day whether their employer is increasing, reducing or maintaining the size of its workforce.
The U.S. Job Creation Index score of +29 in February reflects 41% of workers saying their employers were hiring and expanding the size of their workforce, and 12% saying their employers were letting people go and reducing the size of their workforce.
The remaining 42% of workers in February said the size of their workforce was not changing.
The percentage of workers who say their workplace is hiring is down slightly from where it was over the summer, but is similar to what was found in January.
However, the percentage of workers who say their workplace is letting people go has been largely consistent for the past year. ■