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Wednesday, June 1, 2016

Gallup US Job Creation Index Most Positive In Eight-Year Trend

U.S. workers' reports of hiring activity at their place of employment are the most positive in Gallup's eight-year trend. Forty-four percent of workers in May said their employer is hiring workers and expanding the size of its workforce, while 11 percent said their employer is letting workers go and cutting the number of jobs. The resulting plus 33 Job Creation Index score is the highest monthly average to date.

The Job Creation Index improved three points in May from April's plus 30. Gallup has observed at least a slight improvement in the index between April and May each year since 2013 and in most years since 2008. These regular April-to-May increases suggest employers ramp up their hiring when the summer months approach.

U.S. workers have been reporting a healthy hiring situation at their places of employment for quite some time, but in May, they were the most positive they have been in the past eight years. Part of the improvement in worker hiring reports since April may reflect normal seasonal increases in hiring on top of an already active hiring market.

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