2017 Economic Calendar
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Gallup U.S. Job Creation Index  
Released On 3/1/2017 3:15:00 PM For Feb, 2017
PriorActual
level34 35 

Highlights
Workers' perceptions of job creation at their place of employment are off to a good start in 2017, with index scores for January and February inching above the previous highs seen last year. These perceptions are likely related to record-high public optimism about the nation's job climate.

The February Job Creation Index, a measure of net hiring, averaged +35 last month, inching past the previous high of +34 in January. The first two monthly readings in 2017 are slightly better than the +32 to +33 scores seen from May to December last year. The index previously plateaued at about +31 in 2015, following a long, steady recovery after bottoming out at minus 5 in February and April 2009 amid the global financial crisis.

Though national perceptions of job creation may be at a decade high, not every region of the country is at that point. Workers in the South (+37) and Midwest (+38) reached new highs in perceptions of hiring at their place of employment in February -- with the Midwest achieving the highest index score of any region in Gallup's tracking since 2008. At the same time, hiring perceptions among workers in the West (+33) and the East (+27) fell by three and four index points respectively.

Definition
Gallup's Job Creation Index is based on the core assumption that random samples of thousands of employed Americans in all parts of the country and across industries can provide accurate and up-to-date assessments reports of their companies' hiring and firing decisions. In the aggregate, these individual-level workplace reports provide an important assessment of hiring activity nationwide. In essence, this behavioral economics-based jobs measure asks respondents to evaluate and report on the behavior of their companies as opposed to their own behavior in the job market (employment/unemployment) or their overall perceptions of job market conditions (quality job).  Why Investors Care
 

2017 Release Schedule
Released On: 1/42/13/14/55/36/77/58/2
Release For: DecJanFebMarAprMayJunJul
 


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