Gallup's Job Creation Index reading was plus 37 in May, tied with the record high found in March. The index has now been at plus 30 or higher for 15 straight months. he index has generally been moving upward since bottoming out at -5 in April 2009 during the Great Recession. It has been in positive territory since February 2010. The index is at an all-time high, reflecting an improving job market.
In May, 46 percent of employees said their company was hiring, compared with 45 percent in April. Meanwhile, the percentage who said their company was letting workers go held steady at 9 percent. Forty percent of workers said their employer was not changing the size of its workforce.
Worker reports of hiring have been much less positive in the East than in the other regions of the country. In the East, the index averaged plus 31 in May, compared with scores of plus 42 in the South, plus 38 in the Midwest and plus 37 in the West. This year, Southern and Midwestern employees have generally been more likely to report net job creation than have workers in the West. The East has experienced virtually no growth since last fall.