American workers' reports of hiring activity at their place of
employment remained relatively strong in October, with many more saying
their employer was adding rather than subtracting jobs. The Job Creation
Index (JCI), a measure of net hiring, was plus 32 for the month, the
same as October 2015 and nearly matches the post-recession high of plus
33 in each of the past five months.
For nearly all of Gallup's
JCI trend since August 2008, net hiring in the private sector has far
outpaced government net hiring. But the latest poll shows the narrowest
gap between net hiring in the two sectors since April 2009, with
nongovernment hiring (plus 32) essentially tied with government hiring
(plus 31). The private sector represents the majority of U.S. jobs.
While both sectors have shown great gains in net hiring, the gains
reported by government workers have climbed more steeply, which has
gradually narrowed the gap between government and nongovernment net
hiring.
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