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Job Creation Holds Near Four Year High In October

Job Creation Holds Near Four Year High In October

| Nov 13, 2012 | Housing Market

Gallup’s Job Creation Index gauges whether American workplaces are adding or shedding employees by asking nearly 17,000 adults via telephone survey whether their employer is hiring or not. In October, the Index moved up a point from September, remaining near the highest levels recorded since mid-2008. The Index has now been hovering near those highs since March of this year. October’s results found 35 percent of American workers saying their employers are expanding the size of their workforce, while 16 percent reported their employer was letting workers go. Regionally, the Midwest and South continued to outpace the East and West, which has been a consistent trend since late 2010. More here.

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