The job creation index held steady in September for the fifth month in a
row at plus 33, the highest score recorded since Gallup began tracking
this metric in January 2008. The index matched the post-recession high
first reached in May. The index bottomed out at minus 5 in April 2009 in
the midst of the Great Recession. The index stayed relatively stable
for the last two years, climbing to plus 30 in September 2014 and
remaining between plus 27 and plus 33 ever since.
In September,
all regions of the U.S. had a job creation index score of plus 30 or
above. The Midwest led the way with a score of plus 35, virtually
equivalent to the region's score over the last two months. The West and
South had index scores of plus 34 and plus 33, respectively, while the
East had a slightly lower score of plus 30.
Reports of net
hiring in the West reached a regional eight-year high of plus 36 in
July. This strong result mirrors robust job creation numbers in
California, the nation's most populous state. In August, California
employers created an estimated 63,100 jobs, representing 42 percent of
the nation's job growth that month. No region has surpassed a Job
Creation Index score of plus 37, recorded in the Midwest in June, since
Gallup began tracking this measure. All regions are performing better on
the index than they were prior to January 2008, before the depths of
the Great Recession.
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