U.S. Gallup Good Jobs Rate 44.8% in January
While this is not a statistically significant increase, the current rate is the highest for any January since Gallup began tracking the measure in 2010. One year ago this month, the U.S. GGJ rate was 44.7%.
The latest results are based on Gallup Daily tracking interviews with 29,456 Americans, conducted Jan. 2-31 by landline telephone and cellphone.
The GGJ metric tracks the percentage of U.S. adults, aged 18 and older, who work for an employer full time -- at least 30 hours per week. Gallup does not count adults who are self-employed, who work fewer than 30 hours per week, who are unemployed or who are out of the workforce as payroll-employed in the GGJ metric.
The Gallup Good Jobs metric does not take into account factors such as job satisfaction or salary level and solely reflects full-time employment for an employer. GGJ is not seasonally adjusted.
Gallup first measured the GGJ rate in January 2010 when unemployment was still quite high coming out of the 2007-2009 recession (10.9%). At that time, 42.5% of Americans were employed full time by an employer.
GGJ fell as low as 41.7% in February 2011, but improved over the next few months. The highest monthly GGJ rate Gallup has measured was 47.1% in July 2016.
Since its inception, GGJ has generally trended upward, apart from the period spanning December 2012 to April 2014, when the measure registered year-over-year decreases.
Since May 2014, the GGJ rate once again has registered year-over-year increases in almost every month. ■